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Robyn Hall
Mortgage Introducer is having an invitation-only relaunch party in central London.
Area Sales Manager - Financial Services - London
North London
Mortgage Consultant / Mortgage Adviser - Fulham
South London
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Bridging & Commercial
Lloyds makes £1 billion pledge
9 February, 2010
Lloyds Banking Group is pledging to make available at least £1 billion over the next two years, to eligible firms across the UK, as part of a drive to help businesses benefit from the opportunities created by the London 2012 Olympic and Paralympic Games.
The initiative is part of the Group's overall commitment to lend to UK firms, and will be open to any companies that win contracts with:
- the Olympic Development Authority (ODA)
- the London Organising Committee of the Olympic Games and Paralympic Games (LOCOG); as well as
- any suppliers to firms that already hold contracts
Truett Tate, group executive director, wholesale, said: "British businesses could reap significant rewards from the Olympic and Paralympic Games. We want to make sure that they are able to secure competitively priced finance.
"We're making available at least £1 billion in the run up to the Games to help businesses gain from the opportunity offered through London 2012. We want enterprising firms to know that, wherever in the UK they happen to be, there is still time to take a share of the Olympic pie. We also want to encourage firms that are not yet involved to act quickly."
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