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
Category: News
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
Finance For Enterprise has appointed Andrew Austwick as new Managing Director
Responsible Finance member Finance For Enterprise, which has invested more than £50 million into SMEs in the last 10 years, has appointed Andrew Austwick as its new Managing Director. Continue reading
CBILS Update – 11th May
As of 11th May 2020, Responsible Finance can confirm that our members have lent £16.7 million to 315 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.
CBILS Update – 4th May
As of 4th May 2020, Responsible Finance can confirm that our members have lent £15.1 million to 290 small businesses and microenterprises through the Coronavirus Business Interruption Loan Scheme.