NFRN Covid-19 Hardship Fund pays out over £100,000

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The NFRN has paid out nearly £125,000 to cash-strapped members from its Covid-19 Hardship Fund.

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The Hardship Fund, which was created in April, helps alleviate some of the financial pressures that independent retailers are facing due to the coronavirus pandemic. It offers financial assistance in the form of a grant to members suffering cash flow and other financial challenges.

NFRN national president, Stuart Reddish, said: “While some members have seen a dramatic increase in their sales and profits during the coronavirus pandemic, others have had their footfall completely decimated due to their location or personal circumstances.

“I would like to thank our districts, branches and retail partners for their generous donations, which have enabled us to help 101 members and payout £124,650 so far.”

He added: “If your store has to close or is struggling to survive due to Covid-19, apply for a grant today via the NFRN’s website, TheFedOnline.”

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