Loans can be useful as a temporary measure (for example if your funding or a large payment is delayed) or to start up business activities.
- Banks: some banks also specialise in loans for projects that benefit the community
- Community Development Finance Institutions (CDFIs): lend money to social enterprises, businesses and individuals who struggle to get finance from high street banks and loan companies
- Community shares: some communities wanting to save a local service, like a shop, have raised funds through community shares
Where to look for loans and investment
Specialist banks for not-for-profits:
- Social Investment Scotland: lends to charities, social enterprises and community groups
- Scottish Communities Finance: assist communities to raise capital from within their own communities
- CAF Venturesome: lends to charities, social enterprises and community groups
- DSL Business Finance: lends to social enterprises and small businesses
Also search Finding Finance database of CDFIs.
- Community Shares Scotland: support and information about how to make a community share offer