Supporting social businesses in Wales with social investment loan finance
Communities Investment Fund (CIF) is a long running fund that has supported dozens of social businesses in Wales to grow through the provision of millions of pounds of social investment loan finance.
Previously an EU funded project, CIF is now in its third iteration and continues to make loans via the funds repaid from the investments made as part of the initial EU funded CIF project.
So if you’re a social business based in Wales and you want to expand, grow your income generating capabilities or purchase an asset then a CIF loan might be able to help you.
Our aim is to lend where others will not; as such, our appetite for risk and pricing reflects that approach.
CIF loans are available from £50,000 to £250,000 with a guide interest rate of around 7%.
If you’re interested in WCVA’s social investment options, contact Carys, Alun or Rhys for a preliminary discussion on 0300 111 0124 or email firstname.lastname@example.org.