Affordable loans

• Unsecured loans for 5 year minimum, 9 year maximum term
• Loans between £10,000 and £100,000
• Can be used for capital or revenue costs

We offer one of the lowest interest rates in the social investment marketplace, currently 5%. This is calculated on a declining balance, equal instalments basis. To help cover the costs of running the programme, we charge a one-off fee. This will be taken from your loan when drawn down. This is currently set at 2% of the loan amount.

Grants

Alongside loans, successful applicants also have access to a Social Impact Grant set at 15% of the loan amount in most instances, with different levels for early stage enterprises (less than 2 years of operation) and registered societies.

Business advice and support

We offer a tailored and structured mentoring package to ensure that you are ready to take on a loan. We call this ‘investment readiness’. The structure and focus of this support will vary from one organisation to another, but could be in areas such as business planning, financial modelling, governance, social impact delivery, community finance or marketing.