The Flexible Finance Fund is for established community and social enterprises, to complement Key Fund's existing blended funds. This is a revolving facility, available up to £150,000 that can be drawn and repaid flexibly as needed, for an initial period of up to 5 years.
Any balance at the end of five years then converts into a standard loan, repayable over three years. It is intended to help you keep your cash flow smooth by covering (bridging) gaps plus also provides flexibility to maximise opportunities.
This is part of a wider set of products, designed to help organisations deal with rising costs and inflationary pressures. To access this fund, you will need to have clear social aims/objectives and fit one of the following. descriptions – Not for private profit, asset locked, have clear policies/restrictions around profit distribution.
Fund Offer:
The Charles Hayward Foundation fund preventative and early intervention programmes being delivered at the community level which allow older people to stay in their own homes and remain independent.
Asda Foundation have funding available for community groups to provide a safe space for people to meet and be together.
This programme is for small local charities and CICs which are led by and working with people who are experiencing economic inequity because of their race or ethnicity.
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