Scottish Government: Emergency Loan Fund for SME House Builders, 7 May 2020
Small and medium sized enterprises with liquidity issues due to the pandemic can apply for an emergency short-term loan from the Scottish Government, from a £100 million fund.
“This welcome short-term intervention will offer a lifeline for many smaller home builders who play a major role in their local areas in terms of meeting more rural housing need, investment, employment and sustainability", said Housing Minister Kevin Stewart, who hopes it will address liquidity pressures facing house builders.
More on this article and the Housing Minister's statement can be found on the Scottish Government news pages HERE.
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