Loans for charities and social enterprises

The Resilience and Recovery Loan Fund has been expanded and improved to make more loans to organisations affected by the coronavirus outbreak.

 

The fund, offered by Social Investment Business (SIB), offers:.

  • Maximum loan amount now £1.5m (minimum £100k)

  • Interest-free & fee-free for the first 12 months (paid by UK Government)

  • Faster than applying for a standard loan

  • No penalty on early repayments

Organisations looking to make an online application must meet the fund criteria and also be eligible for the Coronavirus Business Interruption Loan Scheme. 

Where to find us

Llandrindod Wells Office

Unit 30
Ddole Road Industrial Estate
Llandrindod Wells
Powys
LD1 6DF

01597 822 191

Newtown Office

Plas Dolerw
Milford Road
Newtown
Powys
SY16 2EH

01686 626 220

Get in touch

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