About
Big Issue is a UK-based social enterprise and street newspaper founded to help people experiencing homelessness and poverty. The organization empowers vendors to earn a legitimate income by selling the magazine on the street, providing them with support services, training, and opportunities to rebuild their lives. Beyond the magazine, the Big Issue Group includes Big Issue Invest (social investment), Big Exchange (ethical investment platform), and Big Issue Recruit (employment services), all working together toward ending poverty in the UK.
Funding Opportunities
Flexible Social Finance
The Flexible Social Finance fund has been designed with the social sector, for the social sector, with the aim to provide access to finance for socially trading organisations looking to grow their social impacts and improve self-sustainability. Big Issue Invest, in partnership with The North East Combined Authority and Power to Change, has launched this fund specifically to address the challenges socially trading organisations face in delivering significant social impact. This includes organisations struggling to secure loans from traditional sources, including those that other lenders have previously rejected. The fund provides affordable and flexible repayable finance for social trading organisations, supporting them to grow their social impacts and improve self-sustainability while promoting the socio-economic importance of social enterprises. The fund primarily benefits social enterprises, charities, and community businesses across seven local authority areas in North East England: County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside, and Sunderland, fostering a thriving, inclusive economy.
Social Impact Debt Fund IV
Social Impact Debt Fund IV provides flexible secured loans of up to £4 million to established socially impactful organizations in the UK with a history of revenue generation, profitability, and assets to support secured debt. The fund offers unitranche loans, which have a single set of terms rather than a combination of senior bank debt and separate mezzanine debt funding, allowing borrowers to secure up to 15% more cash proceeds from a single lender than from a traditional bank loan. The fund focuses on three core sectors: Health and Social Care (care homes, supported living, clinical settings), Affordable Housing and Homelessness (transitional housing, refugee housing, rehabilitation housing), and Community and Social Infrastructure (co-working spaces, nurseries, education and arts organizations). Social enterprises borrowing from the fund are expected to deploy the funding to improve their financial sustainability and scale-up existing impact. The fund provides secured loans with 3-6 year repayment terms, flexible repayment profiles including potential 20-25 year amortization, and competitive fixed interest rates. Eligible borrowers must be legally registered in the UK as a company or charity, ideally trading for 5+ years with 2 years of audited accounts, and able to provide measurable positive social impact.
At a Glance
- Total Funding Opportunities
- 2
- Active Now
- 2
- Source Domain
- bigissue.com
Catalog Data
This funder profile was automatically extracted from grant listings. Information may be incomplete.
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