The Liverpool City Regional Fund (LCRIF) provides repayable finance and will make two waves of investment. Eight investments were made under wave one between 2014-16 and are now looking to make the second wave of investments from the returns on the first wave. Once wave two investments are repaid, the remaining funds will create a legacy for social enterprises in the North West.
Who is the funding available for?
Charities and social enterprises based in the Liverpool City Region: i.e. Knowsley, Liverpool, Sefton, St Helens and Wirral.
The fund offers:
- Unsecured loans of between £150K- £250K
- Repayment terms up to 10 years
- Competitive interest rates, ranging from 3-8%, based on risk and affordability
- No hidden fees
The fund is now looking to make its second wave of 2 or 3 local investments for 2019-2023: register your interest or find out more below.