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Strengthening business impact
Through fundraising
Patient Debt
United Kingdom
Patient Debt
Name of Funder
Growth Impact Fund
Value
Loan Size £500,000 - £1,500,000
Deadline
Rolling
Priority Sector (SDGs)
General social impact
Sub Priority Sector
Funding Description
The patient debt option is seeking established organizations with a proven track record of at least three years of trading and a consistent cash surplus. These businesses, which are financially stable yet in need of additional resources, may find Patient Debt to be the ideal investment type. If an organization believes this funding option aligns with its growth needs, it can begin the application process. The Growth Impact Fund will work closely with the organization to ensure that Patient Debt is the best fit for its goals, offering tailored support to foster long-term success and social impact.
Eligibility Information
The Growth Impact Fund is focused on investing in organizations that are dedicated to addressing inequality and improving diversity, equity, and inclusion. Ideal investees are those making a measurable impact in the UK, although additional impact outside the UK is also valued. Eligible organizations must have incorporated status, whether as a charity, a company limited by guarantee, or a company limited by shares. They should have a proven track record of trading, which could include supplementing grant income or pivoting from a business line. Importantly, these organizations must have a clear appetite for growth, recognizing that taking on debt will be key to supporting their future development and increasing their impact.
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