The Illegal Money Lending Team (IMLT) are encouraging community organizations, charities and groups to apply for grants (link is external) of up to £5,000 for projects to help tackle loan sharks. Collaborative bids between multiple agencies are also welcome.
The funding comes from money seized from convicted loan sharks under the Proceeds of Crime Act (POCA). Projects must raise awareness of the dangers of loan sharks, reduce crime and disorder and have a positive impact on communities.
The deadline for POCA applications is 30th June 2021.
Application forms can be found on the Stop Loan Sharks website (link is external).