We can also provide loans of upto £300K to Community and Social Enterprises who are more established and looking to further develop and grow their organisation.
Loans are funded from the following:
- ERDF via the European Union
- Big Society Capital
- Regional Growth Fund
- Nottingham Social Impact Fund
Arrangement fees of up to 2% can be charged.
EaSI Guarantee: Some standalone loan applicants may qualify for a reduced interest rate with support via the EaSI guarantee. The financing benefits from the support of the European Union under the Guarantee Facility established under Regulation (EU) No 1296/2013 of the European Parliament and the Council Estate Union Programme for Employment and Social Innovation (“EaSI”).