Barclays backs UK SMEs through Brexit with a package of support including a £14bn lending fund

 Barclays has announced a £14bn* lending fund as part of a series of initiatives to help small and medium-sized businesses (SMEs) to succeed and flourish through Brexit and beyond. Focused on building SME resilience during uncertain times, the package of support includes:

• A £14bn* dedicated lending fund for the businesses that are the lifeblood of the UK economy (turnover of £0-£25 million)
• More than 100 SME Brexit clinics and seminars being run in local communities across the country
• An established network of on-the-ground relationship management experts and industry specialists, based across the UK

These interventions are designed to help SMEs think about managing cash-flow and working capital, exporting goods abroad, labour, supply chain management, and broader issues of preparedness.

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