Visit our Covid-19 microsite for the latest coronavirus news, analysis and updates

Follow the latest updates of the outbreak on our timeline.

Packaging materials supplier Dean Packaging has received a £20k funding package through the UK Government’s Coronavirus Business Interruption Loan Scheme (CBILS).

The overdraft facility to support the business during the pandemic was secured from Santander UK.

The funding will help the company to survive the crisis.

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

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

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

Based in South Wales, Dean Packaging specialises in manufacturing and supplying custom-made packaging across multiple sectors including automotive to food and drink.

Following the outbreak, the company faced challenges due to drop in demand as several of the companies that it provides services to suspended production.

Dean Packaging director Ian Kennedy said: “The current pandemic has created huge challenges for the business not least loss of revenue, staff furloughs and 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.

“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.”

Confirmed case of coronavirus have surpassed three and half million with 3,755,379 cases globally, while death toll touched 263,831.