Responsible finance providers lend to not-for-profit businesses, charities, social enterprises and other community and voluntary organisations that can’t access finance from high street banks or other providers. Loans can be used to cover a range of companies and issues – so you might look for this type of finance if you’re starting up or even if you’re looking to bridge funding gaps.
Amount
Up to £100,000
Period
Less than 5 Years
Cost
N/A*
*There is some grant funding available
The information above shows the terms typically associated with Responsible Finance. Your terms will depend on your own situation.
There are currently around 60 responsible finance providers supporting customers in all regions of the UK, with each provider being unique and serving local needs.
The terms are flexible and tailored to your circumstances. As with all other types of funding, it’s important to consider which one may be suited to you based on your requirements and the requirements of the lender.
As well as financing, Not for Profit / Social Enterprise lenders can also offer business support training and advice services.
You can find more about Responsible Finance here or read case studies and find financing at Findingfinance.org
Want to know more about the options available to you? Click here to see our SME Funding Guide, in association with our partners at KPMG Small Business Accounting. We've compiled all the information you need to research and choose the right funding for your business.
Funding Xchange helps businesses all over the UK, to access the finance they need on the best terms available. Click here to read just some of the stories of the businesses we have helped
More questions? Just pick up the phone and give us a call. We'd be happy to help you in your research for business funding.
Ready to move forward on your business funding?
If you're a not-for-profit or social enterprise you may want to go
to the
Responsible Finance website but you may also be eligible for a
different type of loan. Why not give us a call today with your
questions on 020 36925 9206 and we can talk it through with you