Does your social enterprise meet our criteria?

To be eligible for a loan from us your enterprise must be a social enterprise with a charitable purpose.

What is a social enterprise?
Social enterprises have a primary purpose to pursue a social or environmental goal (as opposed to being purely or mainly profit driven).

In addition, they principally reinvest any profit or surplus that is made in the organisation or community to further the social or environmental goal.

What is a charitable purpose?
The Charity Commission provides detailed guidance on what is a charitable purpose. Please follow this link to the Charity Commission website.

We are especially interested in receiving applications from organisations active in the

• prevention or relief of poverty
• advancement of education
• advancement of health or the saving of lives
• advancement of citizenship or community development
• advancement of the arts, culture, heritage or science
• advancement of amateur sport
• advancement of environmental protection or improvement
• relief of those in need, by reason of youth, age, ill health, disability, financial hardship or other disadvantage.

If the loan you are seeking will help deliver any of the eight things listed above, we would like to hear from you.