Scheme details
Area: Newcastle upon Tyne, Sunderland, County Durham, Gateshead, South Tyneside, North Tyneside, Northumberland
Categories: Finance & funding, Loan
Business stage: Start-up, Trading business
Contact email: enquiries@bigissueinvest.com
Page last updated: 03 October 2024
Available to organisations actively operating within the seven local authority areas of County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside and Sunderland.
What is Flexible Social Finance?
Flexible Social Finance has been designed with the social sector, for the social sector, with the aim to provide access to affordable and flexible, repayable finance for socially trading organisations looking to grow their social impacts and improve self-sustainability.
This fund is specifically designed to address the challenges faced by socially trading organisations who are delivering significant social impact and may struggle to secure loans from traditional sources.
What funding is available?
Investments of £50k - £400k and repayable over 1-5 years.
What flexibility is offered?
A negotiated interest rate; dependent on affordability.
The fund is designed to be flexible, which will involve the business and Investment Manager working closely together to ensure the correct support is provided.
Eligibility
- Organisations actively operating within County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside and Sunderland
- Strong social impact goals
- Struggling to secure affordable finance elsewhere.
How to enquire
For further information please contact our delivery partner, Big Issue Invest, by email on: enquiries@bigissueinvest.com