SEEM Key Fund (Free)

What is the loan available for?

Loan finance is available to support the development and growth of new and existing social enterprise activity.

Capital or Revenue or both?

Funds can be used for revenue or capital costs, including bridging facilities, capital purchases, cash flow, refurbishment costs, running costs, set-up costs and wages.

Percentage of Project Cost

not specified

Eligibility Criteria

Social Enterprise East Midlands (SEEM) is a business development organisation offering training, support and development services to the third sector (community, voluntary group or social enterprise).

Delivery targets and required outcomes

SEEM can support the development and growth of new and existing social enterprise activity.

Loan amounts available

Minimum loan: £2,500

Maximum loan: £150,000

Terms of the loan

Interest rate: 6.5%p.a (Typical 12.4% APR)

Maximum term: 5 years

Who provides the loan?

SEEM - Social Enterprise East Midlands

How to apply

Go to the website

Contact Information:

Telephone numbers:
0115 871 4760

Website:
http://www.seem.uk.net/key-fund/