New loans of up to £3m for voluntary groups

Big Society Capital, which is backed by £200m from the 'big four' high street banks, is joining up with Santander to deliver the bulk of a new £30m fund that could offer individual loans of up to £3m to voluntary organisations. The UK arm of Santander will provide £13.5m and Big Society Capital is putting forward £15m. Loans will be charged at rates of interest ranging from 6% to 12%.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

 

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?