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Loans to help voluntary organisations ‘survive, recover and grow’

Published : 31/10/22 | Categories: Funding |

The Recovery Loan Fund has reopened for applications with £7m immediately available to UK charities and social enterprises.

Social Investment Business (SIB) has re-launched the Recovery Loan Fund with applications open now. The fund provides loans to UK charities and social enterprises who need help to survive, recover and grow. It has been established by SIB to make an existing Government guarantee scheme, the Recovery Loan Scheme more easily accessible to charities and social enterprises.

At a time of continued economic uncertainty and with growing demand for services delivered by charities and social enterprises, eligible organisations may need flexible funding to:

  • adapt delivery models
  • diversify income streams
  • manage cash flow
  • grow their services provision, or
  • purchase new technology.

During its first phase earlier this year, the Recovery Loan Fund approved more than £5 million to 18 organisations This has supported a range of organisations working across training and education, mental health and wellbeing, and housing and community facilities.


SIB is continuing to work with Access – The Foundation for Social Investment, The Ubele Initiative and Create Equity to provide grant and support funding alongside the Recovery Loan Fund to support Black and minoritised ethnicity-led charities and social enterprises.

Please note: Grants are only available for organisations operating in England.


To find out more about the Recovery Loan Fund and how to apply please visit the Fund page. Organisations in Wales can get in touch with our Social Investment Cymru team by emailing to talk about how it could work for you.


SIB works with experienced social investor partners to deliver the fund: Big Issue InvestCAF Venturesome,  Charity Bank, Key FundResonanceSocial Investment Scotland and WCVA, and Black and Minoritised Ethnicity partners The Ubele Initiative and Create Equity.

The Fund is being run by SIB, with initial investment from SIB and the Fusion21 Foundation – the charity parent and social investor of social enterprise and public sector procurement provider Fusion21. In January 2022, The Archbishop’s Council, Big Society Capital, MFS Investment Management, and Treebeard Trust were announced as further investors in the Recovery Loan Fund.

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