1. 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

2. “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.

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

5. €90 million Projects

6. 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,……

7. 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

8. 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”.
“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”.

9. 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.

10. 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

11. 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

12. 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.

13. 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 community organisations

14. Our People VOLUNTARY BOARD AND COMMITTEES REGIONALLY BASED STAFF
Midlands:
Roisin Mulligan
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North & East:
Jennifer Hennessy
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West/North West:
Tracey Hannon
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South:
Susan Gallagher
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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.

15. Please Tell Others

16. Thank You Please Keep in Touch
Clann Credo - Community Loan Finance T: E: