The Social Impact Investment Fund (SIIF) is a £2.375 million fund dedicated to supporting charities and social enterprises in the Cambridgeshire and Peterborough region. Funded by the Cambridgeshire and Peterborough Combined Authority (CPCA) and managed by Allia, this innovative programme provides capital grants and loans to social and third sector organisations.
“Loans are scary.” “They’re not for organisations like us.” “We’ll end up in debt.” Sound familiar? Let’s bust some common myths about charity funding and show you why our loans are different. Â
Myth 1: Loans are scary
Worried about fixed monthly payments? We offer options! Choose a traditional loan with fixed repayments or a flexible loan where you pay back based on your income. When you earn more, you repay more; when times are tough, you repay less. No scary commitments, just a funding option that works for you. Â
Myth 2: Grants are better than loans
Grants are great, but loans help you grow in ways grants may not be able to. They build your financial credibility, making future funders more confident in you. They also push you to plan for long-term sustainability. Plus, with up to ÂŁ75,000 available, loans offer bigger investment opportunities to scale, upgrade, or expand.Â
Myth 3: Loans are just for businesses
We’ve designed these loans specifically for charities and social organisations. We understand that making a difference in your community is your priority, which is why our loans (ÂŁ10,000 – ÂŁ75,000) are built around your needs, not just numbers on a spreadsheet.Â
Myth 4: We're too small to qualify
If you’re a charity that’s been running for at least two years in the Cambridgeshire or Peterborough area, you could be eligible.Â
Myth 5: It's complicated and time-consuming
We’ve made the process straightforward and supportive. Our team understands charities and social enterprises, speaks your language, and is here to help every step of the way.Â
What Makes Our Loans Different?
- They flex with your income
- Simple application process
- Friendly, understanding support
- Focus on your social impact
- Designed specifically for charities and social enterprises
Ready to grow your charity or social enterprise’s impact? Whether you need new equipment, want to upgrade your building, or have other plans to expand your services, we’re here to help make it happen.Â
Register for our upcoming info-session: https://bit.ly/SIIF-Info-Session. Let’s have a chat about how we can support your charity’s growth journey! Â