The Flexible Finance Fund is for established community and social enterprises, to complement Key Fund's existing blended funds. This is a revolving facility, available up to £150,000 that can be drawn and repaid flexibly as needed, for an initial period of up to 5 years.
Any balance at the end of five years then converts into a standard loan, repayable over three years. It is intended to help you keep your cash flow smooth by covering (bridging) gaps plus also provides flexibility to maximise opportunities.
This is part of a wider set of products, designed to help organisations deal with rising costs and inflationary pressures. To access this fund, you will need to have clear social aims/objectives and fit one of the following. descriptions – Not for private profit, asset locked, have clear policies/restrictions around profit distribution.
Fund Offer:
Unrestricted grants for small charitable organisations (income under £1m) making a difference to their community for the benefit of people and planet.
Funding is available for both project and core costs. Supporting work with people in trouble, particularly young offenders and ex-offenders, as well as other disadvantaged young people.
Grants of up to £10,000 are available for VCSE organisations to support the priorities in the Police and Crime Plan, including safer places and thriving communities.
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