Community Loan
Supporting Community Businesses
At Highland Opportunity (Investments) Limited (HOIL), we understand the vital role that community-focused organisations play in driving social and economic change. Loans from the Community Enterprise Loan Fund provide essential financial support to help community businesses grow and thrive. Whether you need funding for expansion, operational costs, or a new project, this loan is designed to meet the needs of organisations committed to making a difference.
Loan Features and Conditions
The Community Loan is structured to offer financial support with terms that suit the unique needs of community businesses:
- Loan Amount: From £5,000 to £200,000
- Loan Term: 1 years to 10 years
- Fixed Interest Rate: Fixed interest rate based on the Bank of England base rate at the time you apply
- Securities Required: Depending on individual case
- Arrangement Fee: Up to 3% of the loan amount
Who Can Apply?
This loan is available to a range of community-focused organisations, including:
- Community Interest Companies (CICs)
- Scottish Charitable Incorporated Organisations (SCIOs)
- Community Companies Limited by Guarantee
- Social Enterprises
- Constituted Community Organisations
Why Choose the Community Loan?
Flexible and Accessible
Designed specifically for organisations that prioritise community benefit
Competitive Terms
Fixed interest rates aligned with the Bank of England base rate
Tailored Support
Funding available for a variety of projects and business needs
If your organisation is looking for financial support to grow and sustain its impact, apply for the Community Loan today. Our team is here to guide you through the process and help you access the funding you need to make a difference.
