A Nottinghamshire façade and classing contractor has been handed a six-figure boost to safeguard the future of the business.
Task Contract Services, based in Newark, has received the £250,000 finance package from NatWest through the Coronavirus Business Interruption Loan Scheme (CBILS).
The money will help with cash flow and staff wages, following the closures of some project sites.
Task Contract Services was founded 20 years ago and operates as a sub-contractor in the specialist cladding sector.
It has seven office staff and 30 site operatives working on projects across the country, including hotels, universities, student accommodation, schools and residential apartment blocks.
Director Adrian Cowell said: "It has been a challenging time navigating the construction sector.
“Where we have been able to continue working on sites, we have made sure to do so safely and by adhering to social distancing measures.
"However, on projects where we’ve had to cease operations, we are continuing to incur expenditure. As this is clearly not sustainable, we turned to NatWest to help us review our finances.
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"Now, as some sites begin to open again, albeit with skeleton staff and adopting safe working procedures, we are well-placed to continue operating as a business."
Lucy Dykes, NatWest senior relationship manager, said: "At NatWest, our priority remains supporting local businesses like Task Contract Services through this challenging time.
"We helped Adrian secure the CBILS funding quickly to ensure the business had everything it needed to continue operating going forward."