Coronavirus Emergency Bridging Loans for charities, CICs and CIOs during Coronavirus pandemic
What is a Coronavirus Emergency Bridging Loan?
A Coronavirus Emergency Bridging Loan from Kent Community Foundation is an unsecured loan available to charities, CICs and CIOs in Kent and Medway, specifically to 'bridge' the gap in funding as a result of Coronavirus.We have introduced KCF Emergency Bridging Loans as part of our social lending programme as we recognise that many charities, CICs and CIOs will be experiencing significant losses in income due to the interruption of ‘business as usual’ during this time. These loans are intended to fill that gap in lost income.
What's available?
Kent Community Foundation is offering loans of up to £60,000. In some exceptional cases this may be increased to £100,000.
There is no additional grant element to the Coronavirus Emergency Bridging Loan as with our usual Kent Social Enterprise Loan Fund (KSELF).
Key information
- Loans of up to £60,000
- KCF Emergency Loans are unsecured
- Immediate 6 months repayment holiday
- We aim to turn around your application in four weeks
How do I apply?
To apply, in the first instance, please email james@kentcf.org.uk