A £3m fund, the ﬁrst of its kind in the UK, is offering investment in the form of flexible repayable loans of between £50k to £150k. These loans are designed to support the sustainable development of community sport organisations that deliver impact. The loan funding can be used to help organisations develop new projects, operations and revenue streams.
A wide range of organisations from community clubs, social enterprises, charities and profit with purpose businesses can apply and each loan is flexible and tailored to the organisation to meet their needs. The loans are available for up to 5 years with repayment holidays available.
Repayable loans are new for the sport sector, so Sporting Capital works with organisations to help them understand if it is right for them, as well as sometimes to secure grant funding that supports this process.
You can find out more visit the Sporting Capital website: www.sportingcapital.org.ukBack to blog