Finance to Help Your Community Grow Clann Credo - Community Loan Finance 21 Years Financing Community Ambition Roisin Mulligan THANK HOSTS FOR OPPORTUNITY TO SPEAK FAI Facilities Development workshop 17th February 2018

“Graduation” at the North Wall Community Development Project Creche Our Ambition Vibrant local communities in Ireland turning their own visions into realities Mary King, Resident at Mayfield Sheltered Housing project Clár Irish Centre for Housing “Graduation” at the North Wall Community Development Project Creche Where every community is aware of the possibilities that Community Loan Finance offers Social Finance – repayable finance with capital from social investors. Each investment or loan generates a social return or positive impact on the community.

What is Community Loan Finance? Repayable Loan Finance Socially Minded Investors Social Outcome AND Repayment Capacity

€90 million 900 Projects

Sectors Accessing Finance Community Facilities – Community Centres, Childcare, Family Resource, Social Housing Sports Clubs – Football Clubs, Athletics, GAA Health and Eldercare Services Youth Clubs, Scouts Groups Addiction /Rehabilitation Facilities Counselling Facilities Disability Services Arts / Heritage Groups Environmental- Recycling THE DIFFERENT SECTORS ACCESSING COMMUNITY LOAN FINANCE IN IRELAND INCLUDE,……

Sports & Recreation Spa GAA, Kerry Vartry Rowing Club, Wicklow Social Finance – repayable finance with capital from social investors. Each investment or loan generates a social return or positive impact on the community. Vartry Rowing Club, Wicklow Ashbourne Baseball Club, Meath

Stella Maris FC “Clann Credo provided us with a real workable financial solution and the comfort in the knowledge that their social awareness was paramount to the project. Clann Credo have continued to support our project and we look forward to continuing our relationship with such a valued partner for many years to come”. https://vimeo.com/194342624 “Clann Credo understood what we wanted, we were all sitting around the same table”. Derek Moore, Secretary Social Finance – repayable finance with capital from social investors. Each investment or loan generates a social return or positive impact on the community. “Stella Maris Football Club embarked on an ambitious development plan for the regeneration of our famous facility at Richmond Road, Dublin”.

Supporting Football Nationwide Aisling Annacotty AFC Albion Rovers FC Ballymun United Caherdavin Celtic AFC Cahir Park AFC Cherry Orchard F.C. Crumlin United FC Dungarvan United AFC Fermoy Soccer Club Gweedore Celtic F.C. Holycross FC Killarney Celtic FC Killeigh Schoolboys & Girls Kilmallock United AFC Kilnamanagh A.F.C. Lough Derg FC Manorhamilton Rangers FC Maree Oranmore FC Mayfield United AFC Midleton FC Moneygall FC Newport Town AFC Portumna Town F.C. Prosperous United FC Regional United FC Sacred Heart FC St. Ita's FC St. Mochta's FC St. Peter's FC Valley Rovers FC Social Finance – repayable finance with capital from social investors. Each investment or loan generates a social return or positive impact on the community.

Community Sports Loan Fund €10K-€500K All amateur sports clubs Bridging loans Term/Matching loans Cherry Orchard FC, Dublin Launched by Minister Mary Mitchell O’Connor Fumbally Sep 14th Heather Humphries: Nov 25th, Virginia Cavan

Loan Funds Term Loans Bridging Loans €150 Wheel Training €10k to €500k Bridging & Term LEADER Free Wheel membership Launched by Minister Mary Mitchell O’Connor Fumbally Sep 14th Heather Humphries: Nov 25th, Virginia Cavan

Affordable Rates Community Impact+ Loan1   Loan Amount Typical Annual Interest Rate Typical Arrangement Fee Community Impact+ Term Loan: 5+ years to 15 years €30,000 to €500,000 4.95% None Community Impact+ Term Loan: 2 to 5 years 6% Community Impact+ Bridging Loan: up to 2 years €10,000 to €500,000 1% (minimum fee €300 Community Impact+ Matching Loan €10,000 to €30,000 6.75% As well as affordable interest rates, our Community Impact+ Loan comes with; No Personal Guarantees: Because we recognise the contribution that community leaders and volunteers make, we do not ask for personal guarantees.   Early Repayment Options: With a Clann Credo loan, you can make extra repayments and clear your loan early with no penalty fees, in fact you will save on interest. This applies to all loans, including fixed interest rate loans. In addition to these competitive terms and interest rates, every Community Impact+ borrower receives: WHEEL, ETC Low Interest Rates: Interest rates are fixed on loans of up to 5 years; for terms greater than 5 years, interest rates track the ECB. No Penalty Early Repayment: You have can make extra payments with no penalty fees; in fact you will save on interest. Applies to ALL loans, including fixed rate loans.

Why chose a Clann Credo loan? 8 out of 10 new customers referred by other Community Groups Loans from €10,000 to €500,000 In-depth Knowledge of Grants: specialised loan products for Sports Capital and LEADER No personal guarantees required: we recognise the contribution of community leaders and volunteers No Application Form: we start with the information on your grant application Early Repayment Without Penalty: Applies to all loans, incl. fixed rate Track Record of over 20 Years. Community based organisations face many challenges, but …. Accessing loan finance need not be one of them, In fact any community based organisation that is working to enhance their community and has the ability to repay a loan can borrow from Clann Credo. Loans from €10,000 to €500,000 6 Months to 15 years In-depth Knowledge of Grants: specialised loan products for Sports Capital and LEADER No personal guarantees required: we recognise the contribution of community leaders and volunteers No Application Form: we start with the information on your grant application Regionally-based staff: single point of contact Affordable Interest Rates: Interest rates are fixed on loans of up to 5 years; for terms greater than 5 years, interest rates track the ECB Early Repayment Options: You have the option of making extra payments with no penalty fees; in fact you will save on interest. This applies to all loans, including fixed rate loans Track Record of over 20 Years: since 1996, €90,000,000 loaned to over 900 community organisations

Our People VOLUNTARY BOARD AND COMMITTEES REGIONALLY BASED STAFF Midlands: Roisin Mulligan T: 01 400 2100 / 086 3098098 E: Roisin@clanncredo.ie North & East: Jennifer Hennessy T: 01 400 2100 / 087 9556721 E: Jennifer@clanncredo.ie West/North West: Tracey Hannon T: 094 906 0679 / 087 6488390 E: Tracey@clanncredo.ie South: Susan Gallagher T: 021 462 1182 / 087 7388391 E: Susan@clanncredo.ie VOLUNTARY BOARD AND COMMITTEES BOARD Colin McCrea (Chair); Jerry Butler; Gary Brennan; Magdalen Fogarty (Founder); Emer Ní Bhrádaigh; Grace Redmond; Jim Rourke; Paul Sullivan EVALUATION COMMITTEE Paul Sullivan; Magdalen Fogarty; Martin Coggins, Sheila Fox; Jerry Kivlehan; Jim Egan; Gary Brennan. PROJECT SUPPORT COMMITTEE Jim Rourke; Colin McCrea; Emer Ní Bhrádaigh; Ann Clarke; Pat Leogue; Grace Redmond; Ger Marshall.

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Thank You Please Keep in Touch Clann Credo - Community Loan Finance T: +353 1 400 2100 E: info@clanncredo.ie