welcome to our funding packages

We offer investment from £5k to up to £150k to community and social enterprises operating in the North of England and the Midlands. The right kind of money at the right time.

Up to £150k – Blended finance (loans with up to 20% grant)

Our Northern Impact Fund offers 20% of the value of the loan as grant, thanks to support from Access – the Foundation for Social Investment. This unsecured lending is suited to new and early stage enterprises who are seeking finance to support growth or become more robust; typical investments are around £50k.

Up to £150k – Blended finance (loans with up to 30% grant)

With up to 30% of the value of the loan as grant, supported by Power to Change, this fund is suited to existing community businesses that need funding for a business development project to make their organisation more sustainable.

Up to £150k – Blended finance (Loans with up to 20% grant)

Our Nottingham Social Impact Fund offers 20% of the value of the loan as grant, thanks to support from Access – the Foundation for Social Investment and loan contribution from Nottingham City Council. This unsecured lending is suited to new and early stage enterprises who are seeking finance to support growth or become more robust; typical investments are around £50k.

Up to £18k – Standalone loans

Our European Progress Microfinance Facility  loan is designed to support the set up or development of a small business. It’s suited to those who want to set up a social enterprise or develop an existing one with fewer than 10 employees.

Interest rate of 6.5% flat and an arrangement fee of c12.4% APR.

You may be eligible for 12% APR with support from the EU Programme for Employment and Social Innovation; designed to increase accessibility of finance to vulnerable groups and social enterprises.

We also offer loans funded from:

  • The European Regional Development Fund
  • Big Society Capital
  • The Regional Growth Fund