How can community development finance institutions – locally based finance providers lending to businesses, social enterprises and people who cannot access mainstream finance – engage with impact investors operating at scale? Sarah Gordon, Chief Executive of The Impact Investing Institute, and Ed Siegel, Chief Executive of Charity Bank, discussed opportunites, perceptions and myth-busting in our webinar. Read more here with access to the video too. Continue reading
Category: News
Levelling Up Our Communities: Response to Danny Kruger MP’s Report
‘To build back better’ we need a new economic and social model to replace the one that preceded the crisis. Because before the crisis hit, our communities were in trouble.’ Responsible Finance welcomes Danny Kruger MP’s… Continue reading
Coronavirus Business Interruption Loan Scheme Update – 30th August
As of 30th August 2020, CDFIs have approved £38.9 million of CBILS-backed loans for 518 small businesses and microenterprises.
Turning £30m into £89m for under-served businesses, CDFIs can help Build Back Better
The RF Fund was established in 2012 with two key objectives: to capitalise community development finance institutions (CDFIs) so they could lever further investment and scale up their economic and social impact; and to grow and support private-sector jobs and economic prosperity in places dependent on the public sector following the 2008 financial crisis. This Impact Report demonstrates it has achieved both objectives and exceeded the Government’s ambitious targets for businesses and jobs supported, while also unlocking millions of pounds of further private capital. Continue reading
Exceptional businesses and finance providers win Citi Microentrepreneurship Awards 2020
Four firms awarded £7,500 prizes in microentrepreneurship awards celebrating their success and support from responsible finance providers A business launched to make the world accessible to disabled travelers, a plastic-free zero waste store which has revitalised… Continue reading
CBILS Update – 6th July
As of 6th July 2020, Responsible Finance can confirm that our members have approved £24.6 million of loans for 394 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
CBILS Update – 22nd June
As of 22nd June 2020, Responsible Finance can confirm that our members have approved £23 million of loans for 377 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
CBILS Update – 8th June
As of 8th June 2020, Responsible Finance can confirm that our members have approved £20.8 million of loans for 356 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
CBILS Update – 25th May
As of 25th May 2020, Responsible Finance can confirm that our members have approved £18.5 million of loans for 333 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
Responsible Finance members among UK’s leading 100 social enterprises
Four Responsible Finance members – Big Issue Invest, Business Enterprise Fund (BEF), Charity Bank and Let’s Do Business Group – are among the UK’s leading 100 social enterprises selected in this year’s NatWest SE100 Index. Continue reading