Through our Impact Loans England programme, Big Issue Invest is offering loan finance between £20,000 and £400,000 to social enterprises and charities in England. Some of our funds also have non-repayable grant layers included of up to 20%.
The programme is funded by Access – The Foundation for Social Investment, with finance being provided by its partner Big Society Capital. We work with a broad range of impact organisations, that are tackling poverty from a variety of angles, from homelessness and housing to education & employment, health & well-being, and access to arts & culture, and many more.
Investment can be used for a variety of projects, including:
- Working capital;
- Buying equipment;
- Contract fulfilment;
- Business development;
- Hiring new talent.
You can apply for Impact Loans England if:
- You are a social enterprise or charity;
- You can demonstrate an ability to repay finance;
- You have a track record of trading;
- You are a well-managed organisation with good governance;
- You are based in England.
The loans can be structured to your individual needs and are usually unsecured which means there is not a requirement to put any personal guarantees in place as security.