Coronavirus Recovery Unit to help small businesses as they emerge from lockdown
We understand the impact COVID-19 has had on many businesses. The Arch Company remains committed to supporting customers who have suffered financial difficulties as a result of the pandemic, and who would otherwise continue to be viable businesses. We have already supported those most at risk with a £11m Hardship Fund, which paid for rent-free periods for over 1,500 of our most severely affected customers.
Our approach has always been to engage with our customers to agree tailored solutions to arrears that have accrued during the pandemic period, whether or not the arrears qualify as Ringfenced Debt. We continue to adhere to the Government Code of Practice which encourages engagement.
If you have not already done so, please get in contact with us now to discuss next steps.
You can contact us at firstname.lastname@example.org and on 0203 880 0701, or you can make an application for time to pay through a payment plan via the webform below.
For more information on how the Commercial Rent (Coronavirus) Bill impacts you, click here.
Briefly describe your current trading circumstances. For example, a comparison with pre-Covid trading and your expectations for the remainder of 2021. If you operate multiple sites, please identify whether this relates to your premises with us or your business as a whole. As far as possible please refer to specific financial or other information, rather than general sentiment.
Please note for a payment plan of 6 months we may require further information (e.g. bank statements) to assess your application.
Please note that for payment plans longer than six months we may ask for financial information such as bank statements, detailed statutory accounts and/or management accounts.