supporting, developing and representing community groups,
voluntary organisations, social enterprises and volunteering
Social Investment Business - Recovery Loan Fund
The Social Investment Business (SIB) Recovery Loan Fund provides loans to UK charities and social enterprises who have been impacted by Covid 19 and need funds to help them to survive, recover and grow. It has been established by Social Investment Business (SIB) to make an existing Government guarantee scheme, the Recovery Loan Scheme more easily accessible to charities and social enterprises.
The Fund will lend to organisations that are improving people’s lives, or the environment they live in, across the UK. All funding purposes will be considered including refinancing of existing debt onto more patient terms.
Who can apply?
Your organisation must be an eligible charity or social enterprise (see website guidance for full list). Your organisation (or group, if applicable) will need to generate at least 50% of its turnover from trading activity, have been operated for at least 2 years and based in the UK.
When to apply?
The deadline for submission is midnight on 21 November 2021.