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Travel firm offers £750 interest-free loans to staff

Interest free loans of up to £750 are being offered to staff working for operator, agency and homeworking firm Kosmar to help them through “uncertain times”.

Flexible re-payment plans mean that re-payments do not start until August.

The offer of loans follows the payment of a £350 bonus several weeks ago to help with the immediate financial impact of coronavirus.

The Sheffield-based Travel Trust Association member recently invested in a benefits and wellness initiative for workers.

The scheme offers discounts with thousands of companies in addition to a well-being programme, aimed to improve the health of colleagues.

The company did not detail how many staff would benefit.

However, managing director Jhy Worsnop-Hesford said: Our fantastic colleagues stood by us in our time of need and continue to do so.

“We stand ready to support them through the difficulties they may face in these uncertain times.

“Their hard work and dedication has helped stabilise our business and prepare of us for the further challenges we expect over the next year or so.

“Through their efforts and our solid liquidity position, we will emerge from this stronger.”

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