NFRN Hardship Fund pays out over £20,000 in first two weeks
Print23 April 2020
Less than two weeks after its launch, the National Federation of Retail Newsagents (NFRN) Covid-19 Hardship Fund has paid out over £20,000 (€23,000) to cash-strapped members.
So far, 15 members whose businesses were suffering due to the coronavirus outbreak have received financial assistance from the fund. The average pay out has been £1,206 (€1,382).
“I am incredibly proud of our hardship fund and that we have been able to step in to help members so quickly,” said NFRN national president, Stuart Reddish.
“We will continue to support all of our members throughout these highly-challenging and unprecedented times,” Reddish said.
The fund was launched to throw a lifeline to members who are facing severe hardship amid Covid-19. It offers financial assistance in the form of a grant to members suffering cash flow and other financial challenges.
The NFRN has confirmed to ShelfLife that application is open to members in Ireland.
Terms and conditions and the application form can be found at https://nfrnonline.com/media/n
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