Grant funding helps charities access coronavirus loan scheme

15th August 2020

Grant funding worth £4 million has been made available to charities and social enterprises in England to be used alongside the Resilience and Recovery Loan Fund. The fund was set up to provide emergency loans to social enterprises and charities affected by the coronavirus pandemic. The grants will only be awarded alongside a loan if it is clear that interruption caused by the pandemic means that they struggle to meet the threshold for a loan without it. Social Investment Business will deliver the grant funding.