welcome to our funding packages

We offer investment from £5k to up to £300k to community and social enterprises operating in the North of England and the Midlands.Details of our standard funds can be found below, but we are committed to providing the right kind of money at the right time, so please don’t hesitate to contact us to discuss your needs. We have £17 million in loan and grant to deliver over the next 3 years.

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 with finance provided by it’s partners National Lottery Community Fund and Big Society Capital. 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. There is up to a 1% arrangement fee with each investment.

Up to £150k – Northern Cultural Regeneration Fund (NCRF) with up to one third as grant

This is aimed at creative businesses of all shapes and sizes, that deliver social impact. This fund has been secured from the Department of Digital, Culture, Media and Sport.

Up to £300k – Standalone loans

We can also provide loans to Community and Social Enterprises who are more established and looking to further develop and grow their organisation. Loans are funded from the following:

  • ERDF via the European Union
  • Big Society Capital
  • Regional Growth Fund
  • Nottingham Social Impact Fund

Arrangement fees of up to 2% can be charged and in some instances security will be taken, this will be discussed with you during the development of your application.

We spoke to the bank they weren’t able to help us. Without the support of Key Fund we wouldn’t have been in this position to get this amazing community building”

Kayleigh Cruickshank, Artworks, Sheffield

EaSI Guarantee

Some standalone loan applicants may qualify for a reduced interest rate with support via the EaSI guarantee. The financing benefits from the support of the European Union under the Guarantee Facility established under Regulation (EU) No 1296/2013 of the European Parliament and the Council Estate Union Programme for Employment and Social Innovation (“EaSI”)

More information

Our Investment Team will work with you to identify the most appropriate fund for your needs, please give us a call to discuss.