Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Big Issue Invest calls for applications from social ventures and charities across England from its £15M Impact Loans England programme

by January 18, 2024
January 18, 2024
Big Issue Invest calls for applications from social ventures and charities across England from its £15M Impact Loans England programme

Big Issue Invest (BII) has called for applications from social ventures and charities across England from its new £15M Impact Loans England programme.

The investment arm of the Big Issue Group’s new Impact Loans England programme (ILE) is a competitive blended loan/grant product which is designed to provide an inclusive, flexible and patient loan offering that can help social organisations and charities grow.

ILE will provide early-stage ventures with loan products that can help social businesses deal with seasonal fluctuations in income and the uncertainty inherent to the UK’s post covid economy.

BII is currently offering between £20,000 to £400,000 with up to 20% of this amount as a grant to investees, with terms of between 1 to 8 years. There is potential for up to 12 months of initial interest-only period and no early repayment charges.

ILE is offering organisations a competitive interest rate of ca. 7.5%-8.5%. Also available are Reach Fund grants of up to £15k support to finetune application plan, forecasts and more.

The programme offers the provision of a dedicated account manager, to assist with applications and to provide ongoing wraparound support.

The Fund intends to invest in a wide range of geographies across the England, with particular attention paid to areas of poverty that have a greater need for support and investment including those working in marginalised communities and those led by Black, Asian, minority ethnic and/or disabled people.

Danyal Sattar: “We are pleased to be offering social enterprises and charities this programme of support. There is an increasing need for loan products that can help social businesses make the most of growth opportunities but also deal with the uncertainty inherent to the UK’s post-pandemic economy.”

Read more:
Big Issue Invest calls for applications from social ventures and charities across England from its £15M Impact Loans England programme

0
FacebookTwitterGoogle +Pinterest
previous post
Trend Trade: January 6-Month Calendar Range Reset!
next post
Kitchen Splashbacks: A Must-Have for First-Time Homeowners

You may also like

Banks reining in SME lending according to new...

May 10, 2023

Navigating the Regulatory Landscape of the UK’s Gambling...

May 28, 2024

Eric Cantona accuses Sir Jim Ratcliffe of trying...

April 10, 2025

F1 Arcade secures £30M for global expansion

June 12, 2023

Why Guests Ignore Guest Feedback Forms—And How to...

February 20, 2025

Ways to Fund Your Side Hustle Without Relying...

April 30, 2025

Starmer sets out Labour’s election agenda on Inheritance...

January 4, 2024

UK Delays Health and Safety Checks on EU...

April 20, 2024

Bernie Ecclestone pleads guilty to fraud charge after...

October 12, 2023

The rising trend of shoplifting epidemic is going...

August 22, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s Debanking Order Calls for Investigation, Something Tennessee Should Have Done

      August 9, 2025
    • MIKE DAVIS: Eric Tung is Trump’s pick to bring sanity to the Ninth Circuit

      August 9, 2025
    • How Europe’s car industry can survive the Chinese EV challenge

      August 9, 2025
    • Hiring Software & JavaScript Developers: Skills, Costs, and Best Practices

      August 9, 2025
    • Rakhi Butani on Skincare, Cooking, and the Power of Balance

      August 9, 2025
    • Jeremy Clarkson warns of ‘catastrophic’ UK harvest as farmers battle extreme weather and rising costs

      August 9, 2025

    Categories

    • Business (8,728)
    • Investing (2,191)
    • Politics (16,345)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved