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Oliver Bonas Secures £3.5m Loan

Multiple lifestyle retailer Oliver Bonas has secured £3.5m of additional funding as part of the Coronavirus Business Interruption Loan Scheme. The funding (from HSBC UK) will help to support the company after its stores were closed during the coronavirus lockdown.

 “The last few months have been extremely challenging but I’m very proud that we have been able to trade safely online and support our team throughout,” stated Oliver Tress, founder and ceo of Oliver Bonas.  

Above: Oliver Tress.
Above: Oliver Tress.

He continued: “It’s exciting to see some of stores open their doors again and we have worked hard to make sure that our team, and our customers, can shop safely post-lockdown.”

Oliver Bonas operates 80 shops across the UK and Ireland, with half having re-opened since June 15.

 

Top: Oliver Bonas in Leamington Spa is one of 80 Oliver Bonas stores.

 

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