Aims/priorities: This £5 million lending scheme is aimed at enabling social enterprises and charities to access loan funding.
The programme is funded by Access – The Foundation for Social Investment, with finance being provided by its partners Big Lottery Fund and Big Society Capital.
Investment can be used for a variety of projects, including:
• Working capital
• Buying equipment
• Contract fulfilment
• Business development
• Hiring new talent
Who can apply? You can apply for Impact Loans England if:
• You are a social enterprise or charity
• You can demonstrate an ability to repay finance
• You have a track record of trading
• You are a well-managed organisation with good governance
• You are based in England
Grant amount: Loan finance between £20,000 – £150,000 is available
Application process: There is an online application form
Deadline: Applications can be submitted at any time
Contact information: Email: [email protected]
