The Resilience and Recovery Loan Fund, offered by Social Investment Business (SIB), has been expanded and improved to make more loans to charities and social enterprises affected by the coronavirus pandemic. It offers:
- Maximum loan amount now £1.5m (minimum still £100k)
- Interest-free & fee-free for the first 12 months
- Faster than applying for a standard loan
For more information click here (opens in a new tab)