26 October 2011

Royal Bank of Scotland have set up a loan fund for social entrepreneurs who are unable to access finance through the normal mainstream channels. The fund offers loans for starting or expanding a community-based business. Flexible terms are available and the loans can be tailored to your requirements.

To be eligible for funding, your organisation must be all of the following:
• A business with clear social or environmental objectives which reinvests profits for a social purpose
• An established third-sector organisation, located and trading in the UK
• Investment ready in terms of management, governance and financial position.

For more information visit the website.

Email: commloan@rbs.co.uk
Website: http://www.rbs.co.uk/business/banking/g3/community-business-loan-fund.ashx