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Chorley-based Alfa Leisureplex Group has secured a £17m credit facility including a £5m Coronavirus Business Interruption Loan Scheme (CBILS) loan from Lloyds Bank.
The finance follows on from a £1.9m overdraft extension agreed in March and will help the company see through the coronavirus pandemic without job losses.
Alfa would usually take more than 115,000 people on holiday in a standard year, operating a fleet of 48 coaches and 22 seaside hotels across the UK from Newquay and Llandudno.
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