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New Recovery Fund Launched

Charities

Charities and social enterprises operating 2 years and upwards can apply for loans of up to £1.5m from Social Investment Business (SIB). The deadline is Sunday 21 November 2021 and applications will be reviewed on a first-come, first-served basis. The new Recovery Loan Fund is the successor of the Resilience and Recovery Loan Fund and aims to help organisations affected by Covid-19.

  • loans of £100k to £1.5 million with a 1-to-6-year term, and no early repayment penalty
  • BAME-led organisations and those in Wales or Scotland can apply for loans upwards of £50,000.
  • open to organisations looking to refinance short-term debt – all loan purposes will be considered, including refinancing

Let’s Talk

For help with any aspect of your charity or social enterprise business finances please don’t hesitate to get in touch. Let’s Talk.

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