MoneyWeek’s David C Stevenson says Community Investment Tax Relief (CITR) is a “practical and tax-efficient way for investors with a social conscience to help struggling communities.” Stevenson describes how the scheme, which it says is “admirable”… Continue reading
News
Cannock-based stainless steel firm secures MEIF finance
A Cannock-based manufacturer of stainless steel metal components has received £60,000 from the Midlands Engine Investment Fund (MEIF). Run by father and son team Nigel and Jake Mason, Stainless Metal Solutions Ltd (SMS) secured the finance… Continue reading
School’s out for the summer – but what happens to struggling families?
The summer holidays bring extra financial costs to families, and for those who are already struggling it can lead them to take out exploitative high cost credit. Responsible finance providers help families to smooth fluctuations in… Continue reading
CITR: A tax relief which benefits society, with Katy Ford
Katy gives examples of the businesses which are now thriving thanks to a loan and support from Foundation East; describes how CITR, Community Investment Tax Relief, works (and how Foundation East has attracted investment); and gives her views on how responsible finance providers should innovate and collaborate. Continue reading
Podcast: How Open Banking could enable financial inclusion
What is Open Banking and how can it help people who are financially vulnerable and financially excluded, including people who are unbanked? How can it enable Responsible Finance providers and what should they be thinking about? Faith Reynolds explains in our latest podcast episode. Continue reading
Responsible Finance’s 2019 Manifesto
Following elections to the European Parliament, intensive negotiations are now underway about the allocation of key portfolios and future priorities. Climate change is one issue likely to get increased attention with the rise of MEPs from… Continue reading
Let’s Do Business Finance: boosting employment and the local economy
Let’s Do Business Finance (LDBF) is a leading provider of business advice, training and access to finance. Whether starting-up or expanding a business, the organization exists to grow the local economy by supporting businesses and increasing… Continue reading
Lancashire entrepreneur uses Start Up Loan to put alpacas on the map
Lancashire entrepreneur Joanne Schembri has launched her alpaca walking and therapy business Calderbrook Alpacas using an £8,000 Start Up Loan from our member GC Business Finance. Joanne, a civil servant, has developed her business in Littleborough… Continue reading
NPIF North West Microfinance fund hits £3million investment milestone after awarding a loan of £80,000 to MyEBook
Two years after launching NPIF – BFS & MSIF Microfinance in 2017, our member GC Business Finance has reached a landmark £3million lending milestone, supporting over 50 businesses across the North West. The product fund managed… Continue reading
EPIC Risk Management receives a £70,000 loan from the NPIF – BFS & MSIF Microfinance fund
Lancashire based EPIC Risk Management is expanding its services in tackling one of society’s fastest growing problems using a £70,000 loan from NPIF – BFS & MSIF Microfinance – a product fund managed by our member… Continue reading