Funding
Northern Impact Fund 2

Northern Impact Fund 2

Key Fund

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Funding Available:
£5,000 to £150,000
Deadline:
ongoing

Funding Information

Providing finance to support the development or growth of trading activity, including cash-flow, working capital, and asset development or purchase.

The organisations must have clear social aims and objectives, and fit one of the following description – Not for private profit, asset locked, have clear policies/restrictions around profit distribution.

Fund Offer:

  • Investment from £5,000 to £150,000
  • Term 1 -5 years.
  • 3 product options as follows:
  • Product 1 – up to 30% of the loan amount as grant, interest rate at 6.5%, arrangement fee of 1%
  • Product 2 – up to 18% of the loan amount as grant, interest rate at 4%, arrangement fee of 1%
  • Product 3 – Shariah compliant with no interest, arrangement fee of 3.5%

Downloadable Resources

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Contact Details:

Contact name:
First and Last name
Phone:
00000 000 000

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