The Recovery Loan Fund provides loans of between £50,000 to £1.5m to charities and social enterprises. The Recovery Loan Fund supports organisations that are improving people’s lives, or the environment they live in. The fund, which was due to close at the end of the year, has now been extended to June 2024.
Black and Minoritised Ethnic led organisations are eligible for additional support to access to fund, including up to 100% grant match funding on loans secured, support through the application process and follow-on business support, which can be accessed from the Ubele Initiative.
For more information on the Recovery Loan Fund and additional support available to BAME led organisations click here
An information session for organisations interested in applying to the Recovery Loan Fund will be held by the Ubele Initiative on 25 January 2022, 2pm-3pm register here
The Recovery Loan Fund is open for applications until 11.59pm on 30 June 2024.