CBILS success for Dean Packaging

SME packaging firm Dean Packaging has secured CBILS funding via Santander UK to help the business ride out Covid-19 disruption.

Dean Packaging's factory in South Wales
Dean Packaging's factory in South Wales

The family-owned business is based in Cwmbran, South Wales and has been established for 20 years.

It has agreed a £20,000 overdraft facility through the Coronavirus Business Interruption Scheme (CBILS) after its usual business was impacted when a swathe of customers suspended production because of the virus.

Dean Packaging director Ian Kennedy said the pandemic had created “huge challenges” for the firm, including loss of revenue, staff being furloughed, and the need to implement social distancing.

“Santander have been a breath of fresh air and have been the first organisation to offer their full support and business expertise in ensuring the continued future of the company,” he said.

“The business loan organised and secured for us in double quick time is a lifeline for us and ensures we will survive the current situation.”

Dean Packaging employs nine staff and specialises in corrugated and associated packaging sundries for customers in the industrial and food sectors. It also supplies plain and printed custom-made boxes.

The firm’s services include warehousing, distribution and logistics.

Paul Williams, business relationship director at Santander UK, commented: “Dean Packaging’s orderbook was decreased significantly almost overnight but this is a business that has weathered many storms throughout its 20 years' operating.

“We are happy to provide this overdraft facility and will be there to support the team when restrictions are lifted and business resumes.”


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