Grant News
In response to the Covid-19 pandemic, Social Investment Business has launched a loan fund to support UK charities and social enterprises impacted by the crisis.
Offering repayable and flexible finance, the Recovery Loan Fund will work under the terms of the UK Government’s Recovery Loan Scheme, which supports access to finance for UK businesses as they recover and grow from the Covid-19 pandemic. The Fund offers loans of one to six years, worth between £100,000 and £1.5 million for all funding purposes including refinancing of existing debt to organisations that are improving people’s lives, or the environment they live in.
BAME-led organisations and those based in Wales and Scotland can apply for loans upwards of £50,000.
Applications will be reviewed on a first come, first served basis until midnight on the 21st November 2021.
Useful Links: