The Big Issue Invest Social Impact Debt Fund IV lends £1m-£4m to established socially impactful organisations in the UK, with a history of revenue generation, profitability, and assets to support secured debt.
Social Impact Debt Fund IV launched in September 2023 and is actively investing. The fund offers secured loans between £1m-£4m for asset-backed growth, for borrowers creating an impact in the below sectors:
- Health and Social Care
- Affordable Housing and Homelessness
- Community and Social Infrastructure
The fund offers unitranche loans, which have a single set of terms, instead of a combination of senior bank debt and separate mezzanine debt funding. This means that borrowers are not required to coordinate with complex syndicate structures that delay execution timelines and complicate capital structures.
Eligible borrowers will be established socially impactful organisations in the UK, with a history of revenue generation, profitability and assets to support secured debt.
Social enterprises borrowing from the fund are expected to deploy the funding to improve their financial sustainability and scale-up existing impact.