The Liverpool City Region Impact Fund (LCRIF) offers loans to charities and social enterprises based in the Liverpool City Region and its surrounding areas, helping them to grow and scale up their economic and social impact in their communities.
The £2m fund is financed in equal part by Social Investment Business and the European Regional Development Fund (ERDF) 2007-13 programme.
Who is it for?
- Charities and social enterprises based in the Liverpool City Region: i.e. Knowsley, Liverpool, Sefton, St Helens and Wirral.
What can I apply for?
- The fund offers unsecured loans of between £50,000 - £250,000 with repayment terms up to 5 years and competitive interest rates based on risk and affordability (to date this has ranged from 5-8%).