The Scottish Government has announced two funds to support credit unions, as many report they are already struggling as debtors struggle to make repayments. The Third Sector Resilience Fund and the dedicated Credit Union Resilience Loan Fund will provide more than £20 million in support for credit unions during The Coronavirus Crisis. (The Herald)
Credit unions to receive funding support
The Scottish Government has announced two funds to support credit unions, as many report they are already struggling as debtors struggle to make repayments. The Third Sector Resilience Fund and the dedicated Credit Union Resilience Loan Fund will provide more than £20 million in support for credit unions during The Coronavirus Crisis. (The Herald)