COVID-19 Financial Support: Routes to accessing working capital

Thursday 3rd September and Friday 4th September

09:30 - 11:30, Wedding Registry

Following the outbreak of coronavirus, the Isle of Man Government launched a number of financial support schemes to assist businesses that had been financially impacted by the pandemic. This included two Government-led financial support Arrangements, supported by a number of local banks, with Government-backed guarantees.

This session will provide businesses with an overview of the two Arrangements, including features, eligibility requirements and application support.

There will also be an opportunity to pre-book 15 minute private one to ones with our Government representative to discuss your businesses needs further. 

Agenda for the session:

09:30 – 10:00 Presentation by John Hunter, Head of Banking and Fiduciaries for the Finance Isle of Man Agency ( please see presentation outline below)

10:00 – 10:30 Audience Q&A

10:30 – 11:30 Private one to ones with John Hunter

Presentation:

• Routes to working capital
• Outline of the Disruption Loan Guarantee Arrangements
• A walk-through of the recently launched Working Capital Loan Guarantee Arrangements
• Brief and simplistic examples of impact on cash flow
• Outline of the support available to businesses in preparing funding applications and what may be required.

Register for the free event here. 

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