Community Impact Bucks is the independent charity which provides comprehensive support services to other charities, community groups, social enterprises and rural organisations throughout Buckinghamshire. It is also the Volunteer Centre for Buckinghamshire, helping members of the public to get involved in community activity. How can we help you today?
The Big Society Bank in Buckinghamshire
Bucks Big Society Bank loans
Summary
Loans are available from £1,000 to £25,000.
Eligible organisations
- Registered charities
- Formaly constituted, but incorpoarted groups or organisations
- Social enterprises, including Community Interest Companies or companies limited by guarantee
Eligible expenditure (this list is not exhaustive!)
- Change in your business model to allow you time to generate more income
- Purchase of equipment to enable your organisation to benefit immediately from the equipment and then to raise the funds to repay the loan
- Projects that will improve the long-term sustainability of your organisation
- Bridging loan/cash flow financing to cover a short-term period until alternative funding is forthcoming
Criteria
Applicants must be able to show
- Community benefit to Buckinghamshire
- Ability to repay the loan
Loan repayment
The repayment period be between one year and five years. You'll need to submit a suggested schedule of repayments with your application form.
What is the cost to you organisation?
- The loan will not be charged interest and will be provided on an unsecured basis
- You will be charged an Associate Fee of 4% of the initial value of the loan which will be payable annually for the period of the loan
- The first payment of the Associate Fee will be deducted from the amount of the loan and a standing order for subsequent Fees will need to be submitted before the loan is advanced.
If you would like to apply for a loan, please 'phone the Bucks Foundation on 01296 330134 or email btrevitt@buckscf.org.uk to discuss your needs and to obtain an application form.
In this section
News
15th May
Volunteer Drivers Required for Carers Bucks
15th May
Funding Advice Surgeries
15th May
What a great year for LEADER
15th May
Rural Insight Survey 2012
11th May
LINk Panel Members Required
10th May
Amersham Age UK Lunch Club



