Social Enterprise Fund
This fund is aimed at socially-owned organisations that are trading for social benefit - in other words, an organisation that is socially owned and uses its profit for social purposes, rather than for private gain. The amount of the loan typically will be between £5,000 and £50,000.
From this fund you can borrow money for a variety of purposes including:
Start-up capital (for groups and organisations setting up a new enterprise)
- Working capital
- Cash flow management
- Purchase of equipment
- Property
- Bridging loans
- Employee buy-outs
For a list of organisations that have already received investment from this fund, please see overleaf.