No deadline
This is a new Charities Aid Foundation (CAF) initiative designed to enable social purpose organisations such as charities, social enterprises and community groups across the UK to access affordable, repayable finance to grow and improve their resilience. Most investments are expected to be unsecured loans since many social purpose organisations do not have property assets that can be used as collateral and can struggle to access finance from banks. For smaller organisations that face additional income pressures, the fund can also offer blended finance packages that are 70% loan and 30% grant.
