UnLtd Impact Fund loans and grant financing packages
Blended loans and grant financing packages of £50,000-150,000 are available to VCSE organisations which help people who are not in work or are struggling to find work - for example, school leavers or those who are underemployed. The main aim of your organisation must be to improve employability, and ideally you will have been operating for at least 21 months.
UnLtd will support 35 social ventures over the next three years through this scheme. Unsecured business loans will be repayable over five years maximum, at an interest rate of 9.5%. Unltd will also provide one-to-one support, both paid and pro bono, from finance and legal experts.
For full details, including eligibility criteria, click here.