Welcome to London Rebuilding Society
London Rebuilding Society provides loan finance and business support to social enterprises in the Greater London area. In December 2008 LRS made its 100th loan since its launch in 2001. It has now made loans totalling £2.7 million, with an average loan size of £27k.
Loans have been made across all industry sectors, from creative industries to waste management. Seventeen of these loans were to customers who had already successfully borrowed from LRS, demonstrating LRS' ongoing support for the Social Enterprise sector. Further details - please go to our Clients section.
We also provide a range of tools and training courses to help social entrepreneurs and their advisers (see Business Support).
Our funds come from individuals, companies, charitable sources, and local and central government, as well as from interest earned on the loans that we make.
London Rebuilding Society itself is a social enterprise and specialises in developing innovative forms of finance to address specific areas of need (see Housing and MAF).
- A lion not a dragon
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London Rebuilding Society’s Chief Executive Naomi Kingsley was one of the judges at Lion’s Lair – an event for ambitious social entrepreneurs in Camden and Islington on November 20th during National Enterprise Week 2008.
- LRS in the news
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Naomi Kingsley, Chief Executive of London Rebuilding Society, has been elected to the Council of the Social Enterprise Coalition. The Council includes representatives of Social Enterprise umbrella and network organisations as well as social enterprises themselves, and will shape the Council's future policy and campaigning framework. Further details can be found at http://www.socialenterprise.org.uk/
- Borrowers in the media
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LRS borrower Proper Oils has been announced as the Technology & Innovation winner at this year's national small business O2 X Awards. The company, which refines used cooking oil to produce high quality bio diesel, was identified as the most innovative small technology business beating hundreds of entries across the UK to scoop the coveted top prize. Hosted by TV presenter, Holly Willoughby, the O2 X Awards celebrate entrepreneurial talent across the UK, recognising and rewarding the men and women who are responsible for doing business in a creative and innovative way.
- Borrowers
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Are you looking for finance to grow your enterprise? Do you have a good idea for starting one?
- Investors
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Do you have funds to invest? Would you like your capital to help London whilst still earning a reasonable rate of return?
LRS can offer a return equivalent to 6.25% gross per annum for basic rate tax-payers, 8.33% for higher rate tax-payers and 7.1% for corporations; this compares very favourably with the returns currently available commercially.