Big Issue Invest: Impact Loans Fund
Deadline for applications: 29/02/2028
Amount available
£200,000.00
Criteria
The Impact Loans England programme offers a range of loan products that support charities and social enterprises that are registered and delivering social impact in England. The funders work with a broad range of impact organisations that are tackling poverty from a variety of angles, including homelessness and housing, education and employment, health and wellbeing, and access to arts and culture.
Their investments are designed to support Social Enterprises to grow, diversify, or buy new assets. They will, however, consider most purposes for impactful organisations, including refinancing existing debt.
Investment Details
- Type: Loan, with up to 10% as a grant (subject to product and assessment criteria)
- Amount: Between £20k and £200k, in some events, up to £400k via a combination of products
- Interest Rate: Between 7.5%-8.5%
- Repayment: Over 1-5 years / Potential for up to 12 months of initial interest-only period (subject to assessment) / No early repayment charges
- Security: Usually not required, however, it may be requested in some instances
- Administration Fee: 1.5% payable at the due diligence stage (repayable should we decide not to support the application)
- Support: Potential for investment-readiness grant of up to £15k / Support to fine-tune your impact measurement & reporting practices / Dedicated application and account management support
