The Resilience & Recovery Loan Fund (RRLF) is a new fund for social enterprises and charities who are experiencing disruption to their normal business model as a result of COVID-19. It has been established to make an existing government scheme (the Coronavirus Business Interruption Loan Scheme) more easily accessible to charities and social enterprises. The RRLF is being run by Social Investment Business (SIB) with an initial £25m investment and support from Big Society Capital.
Charities, community interest companies and community benefit societies are eligible for these funds – organisations that are not one of these legal forms (ie just a company limited by guarantee or company limited by shares) will need to demonstrate social objects / purpose in their Articles.
For more information click here
To apply click here