Wednesday, August 12, 2020

Chesterfield caravan company receives finance facility to navigate Coronavirus

A Chesterfield retailer of new and used touring caravans has secured a finance facility from HSBC UK to support the business as it navigates the current economic landscape.

Robinsons Caravans, which was established in 1960, has used the funding – secured through the government-backed Coronavirus Business Interruption Loan Scheme (CBILS) – to keep cash flow steady during the lockdown, during which time the business was limited in its ability to trade.

The business has continued to operate at a reduced level since March, with ‘virtual viewings’ increasing due to the lockdown restrictions. Whilst the sites have remained partially open to support its customers, the retail business which sells caravan equipment and accessories has been closed.

Paul Seabridge CEO of Robinsons Caravans, said: “The Coronavirus has had an impact on our business over the last few months. At this time of year it is historically the busiest time of year, and we have not been able to trade at our usual levels.

“We are incredibly grateful to HSBC UK, especially our relationship director, Simon Woods, for making the funding available to us which has really helped us during unprecedented circumstances.

“We are hopeful and are already seeing an uplift in activity as we emerge from these restrictions. International travel remains limited, and as a result, we are seeing new inquiries from potential customers looking to holiday in the UK and having a caravan or motorhome is a great way to do this.”

Liz Fuge, HSBC UK East Midlands Area Director, added: “We’re committed to supporting our customers during this period of uncertainty. It’s important we’re able to tailor our support according to our customers’ needs so we’re delighted we’ve been able to provide a facility to Robinsons Caravans that ensures it can return to business as usual as soon as possible.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

Northants HR firm launches new health, safety & environment division

A Northamptonshire based HR consultancy firm is launching a new Health, Safety and Environment division. HR Solutions operates in a variety of industries and has...

Nottinghamshire housebuilder nominated for Building Excellence award

Rippon Homes’ Wellow Gardens development in Ollerton has been shortlisted for the East Midlands Local Authority Building Control (LABC) Building Excellence Awards 2020. The exclusive...

Derby video game payment platform secures further £200k

A Derby company which has developed a new payment system for the video games industry has secured a further £200,000 investment from the MEIF...

East Midlands Chamber comments on figures confirming UK is officially in a recession

The latest figures measuring the UK’s economic activity released by the Office for National Statistics (ONS) today confirmed the country is officially in a...

Sale at well-established Notts industrial park a ‘win-win’

Oriental food wholesaler Asiana has sold its warehouse HQ building at a well-established Nottingham industrial park for £2.2 million following a business restructure. The 38,000...

Related news

Bounce back funding sees business resume for Derbyshire hospitality firm

Drink Eat Sleep, a Peak District-based hospitality business comprising three pubs, can reopen its doors after securing funding from Barclays via the Bounce Back...

Northants HR firm launches new health, safety & environment division

A Northamptonshire based HR consultancy firm is launching a new Health, Safety and Environment division. HR Solutions operates in a variety of industries and has...

Nottinghamshire housebuilder nominated for Building Excellence award

Rippon Homes’ Wellow Gardens development in Ollerton has been shortlisted for the East Midlands Local Authority Building Control (LABC) Building Excellence Awards 2020. The exclusive...

Derby video game payment platform secures further £200k

A Derby company which has developed a new payment system for the video games industry has secured a further £200,000 investment from the MEIF...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close