Ulster Bank NI Social & Community Capital is a trading name of NatWest Social & Community Capital, Registered in England No: 03901460, Registered office: 250 Bishopsgate, London EC2M 4AA. Charity Registration No: 1079626.
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Social & Community Capital
Funding for your charity or social enterprise
Property Purchase Loan
Funding to renovate or purchase a property.
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Flexible Growth Funding
For when you want to grow and increase your impact.
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Working Capital Loan
Flexible finance to cover overheads and smooth out cashflow.
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Bridging Loan
Pay VAT or cover overheads before grant funding arrives.
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Over 18s only. Subject to status, business use only. Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
What you need to know
Key details
- Apply for £30k to £500k.
- 4% to 7% (1% deduction where fixed charge is in place).
- Repayment term up to 15 years.
Fees
- £100 approval fee.
- 1% arrangement fee (minus the £100 you already paid for the approval fee).
Other costs
- Any property valuation and/or environmental reports needed.
- Any costs related to the preparation and discharge of the security.
Security
- Fixed charge over the property being purchased.
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Case study
A property purchase loan from Social & Community Capital helped Glasgow Vintage Vehicle Trust to buy their garage. It helped secure the future of their social inclusion programme, “Back on the Road”, which provides training and employment skills for people in recovery.
What you need to know
Key details
- Apply for £30k to £350k.
- 4% to 7% fixed interest rate.
- Repayment term up to 10 years.
Fees
- £100 approval fee payable on approval of the loan.
- 1% arrangement fee (minus the £100 you already paid for the approval fee).
- Any costs related to the preparation and discharge of the security.
Security
- A debenture / bond and floating charge where applicable.
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Case study
This loan allowed Sole of Discretion to build a network of organic retailers and other customers for their ethically sourced, sustainable fish and seafood.
What you need to know
Key details
- Apply for £30k to £250k.
- 5% to 7% fixed interest rate.
- Repayment term up to 1 year.
- Paid against invoices or work completed. Up to 2 loan advances a month.
Fees
- £100 approval fee payable on approval of the loan.
- 1% arrangement fee (minus the £100 you already paid for the approval fee).
- Any costs related to the preparation and discharge of the security.
Security
- A debenture / bond and floating charge where applicable.
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Case study
This loan allowed Herts Schools Outreach to employ more staff and help more children by covering the working capital gap in their key contract.
What you need to know
Key details
- Apply for £30k to £250k.
- 5% to 8% fixed interest rate.
- Repayment term up to 2 years.
Fees
- £100 approval fee payable on approval of the loan.
- 1% arrangement fee, less any approval fee paid, paid on signing of the loan agreement.
- 0.5% commitment fee on funds you haven't drawn down, paid monthly until first drawdown.
- Any costs related to the preparation and discharge of the security.
Security
- A debenture / bond and floating charge where applicable.
Information Message
Case study
A bridging loan enabled Sandhaven and Pitullie Harbour Trust to improve their community facility and access grants that were only payable on completion of the work.
“Getting a bridging loan in between grants was a major problem the harbour had, that’s where Social & Community Capital have come in and helped hugely”.
- Sandhaven and Pitullie Harbour Trust
Step 1
Check our eligibility criteria and then complete the application form. We’ll be in touch within two working days to learn more about you and talk about the best way forward.
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Step 2
Tracy or Brendan will be your dedicated Loans Officer. They’ll work with you to get your application ready and present it to our Funding Panel. The Funding Panel meet every two weeks to review applications.
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Step 3
You should find out on the day of the panel if your application was successful. If successful, we’ll complete eligibility checks, which may include ID checks and security. Once these are complete, your funds should be available within 60 days.
If you want to discuss anything before you apply, just give us a call.
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Contact us
We’re a friendly group and happy to have a chat and help with your questions.
Email us at: ulsterscc@ulsterbank.com
Or call us on:
18001 0207 672 1411 for Relay UK
We’re available 9am - 5pm, Monday to Friday (except for public holidays).
Community Loan Enquiry
Thank you, your request has been received.
Our Communities Team will aim to be in touch
within 10 business days.