Proper Good Investment

 

 

Is your organisation based or working on the ground in Wigan, Stockport, Oldham or Bolton?

Do you have a great idea for a business with social impact or want to grow what you’re doing or expand in a new direction?

Do you have a building that needs renovating or refurbishing or do you have plans to purchase or build something?

We offer affordable and accessible social investment aimed at small and very small social enterprises and charities that trade, including new organisations.

We want to support social organisations that improve the economy and social impact in our local access areas.

Please see below for details of the three funds we are offering:
 

Early Stage Loan Fund

Scale Up Loan Fund

Buildings Loan Fund

This investment can be used for any costs to your business to support you to get through the early stages of business set up or initial business growth.

This investment can be used for costs to your business to support you to grow your trading activity and your social impact.

This investment can be used to purchase a building. We are happy to invest the full amount or partner with another lender. You can also use this investment to renovate or refurbish a building you already own.

Fund details:

Fund details:

Fund details:

You can apply for a loan of up to £30,000

You can apply for a loan up to £100,000

You can apply for up to £350,000 of blended finance (90% loan and 10% grant)

  • Interest free

  • Repayable over 1-3 years

  • 3-month option of no payments at the start of the investment

  • No penalty for early repayments

  • No security taken

  • Interest charged at 8%

  • Repayable over 1-6 years

  • 12-month interest only period

  • Stepped payments

  • No penalty for early repayments

  • No security taken

  • Interest charged at 6.5%

  • Repayable over 1-7 years

  • 6-month interest only period

  • No fee

  • No penalty for early repayments

  • No security taken


Click on the button below to check eligibility and apply for any of the funds.

To arrange to speak to one of our Investment Officers about any of the funds, please email gmsocinvest@gmcvo.org.uk


Check eligibility and apply
 

We want to make our investment as accessible as possible, if you have any barriers to completing the enquiry form for investment please contact us on gmsocinvest@gmcvo.org.uk  and we will support you through the process.


Proper Good Investment is part of the Local Access Programme which is being jointly funded by Big Society Capital and Access – The Foundation for Social Investment. It aims to support the growth of local social economies to help reduce poverty and inequality.
 

        

 

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