The Resilience and Recovery Loan Fund

Deadline 30th September 2020

The Resilience and Recovery Loan Fund (RRLF), offered by Social Investment Business (SIB), has been expanded and improved to make more loans to charities and social enterprises affected by the coronavirus pandemic. It offers:

  • Maximum loan amount now £1.5m (minimum still £100k)
  • Interest-free & fee-free for the first 12 months
  • Faster than applying for a standard loan

The fund is intended for charities and social enterprises who have been adversely affected by COVID-19. Specifically, RRLF is aimed at UK organisations which fit certain eligibility criteria.

A RRLF loan can be used to:

  • provide working capital until normal business resumes
  • cover delays in trade payments
  • meet increased demand for services

To find out more, please click here.