Supporting Britain’s manufacturers in domestic and global markets is central to our commitment to bolstering the British economy and we have acted on our promise to deliver the support manufacturers need:
• As part of Lloyds Banking Group we are committing £4bn of new lending to the manufacturing sector by 2017.
• We’ve already supported more than 2,500 manufacturing firms across the UK.
• We’ve sponsored £1m pa for 5 years to the new Advanced Manufacturing Training Centre in the Midlands to support apprentices to help bridge the skills gap.
Whether it is assisting with cashflow needs, financing growth or new machinery, our manufacturing managers are trained by the Warwick Manufacturing Group to provide guidance to help find the most appropriate solution. By understanding manufacturer’s supply chains and trade cycles, together with holding their own local lending discretions our Relationship Managers are well positioned to support local businesses.