GLASGOW-based tour operator, Macs Adventure, has received a £1 million Coronavirus Business Interruption Loan (CBIL) from Barclays to safeguard the future of the business.
Headquartered in Skypark in Finnieston, the company, which specialises in self-guided, tailor-made walking and cycling holidays, first started operating in 2003 and currently employs 107 people of which 67 are based in Scotland.
The loan will ensure Macs Adventure is in a position to continue payments to suppliers and meet other key business expenses while, importantly, safeguarding staff wages as the year goes on.
Neil Lapping, Macs Adventure founder and chief adventure officer, said: “As an internationally focused tour operator Macs Adventure was hit early and hard by the COVID-19 outbreak and faces a long road back to business as normal.
“The loan we have secured from Barclays will enable us to continue to trade through 2020, protect jobs and restart and rebuild our business in 2021.”