Image
We were delighted to hear from Shaun Doran, CEO FRC Group, at a Let's Talk Good Finance event. Listen to this podcast to learn about their journey to social investment.
Duration
2 years
Cost of capital
5%
Turnover
£225,200
Amount invested
£400,000
Product type
Secured loan
Challenge
Furniture Resource Centre was created in 1988 in Liverpool to take furniture from people who didn't want it anymore and give it to people who needed it.
Revenue Model
Furniture Resource Centre are suppliers of contract standard furniture in the country, working with housing associations and local authorities across the UK. They provide a full one-stop service for all furniture deliveries.
Impact
Furniture Resource Centre is a social business whose aims are to assist people living in poverty through the provision of furniture, jobs and training opportunities.