1. A different bank for those who want a different world

2. When Grants are not enough Azlina Bulmer Programme Manager

3. A different bank for those who want a different world How we achieve our mission We provide affordable loan finance to social enterprises, charitable organisations and community groups that might not be able to borrow elsewhere Our work is funded by individuals and organisations that use their savings as a positive source for change. Every pound deposited is used to provide loans to organisations that support their communities.

4. A different bank for those who want a different world What is Charity Bank? A Bank that is also a Charity Our mission is to transform the future of charities and social businesses

5. A different bank for those who want a different world Charity Bank ’ s impact to date £ 60+ million the amount of money that has been placed with or invested in Charity Bank. £ 110,000,000+ the amount committed to 730+ charities, churches, and social enterprises to date. 3,000,000 the number of people in the UK that have been reached by organizations that Charity Bank has supported £ 160 million of additional funding has been unlocked as a result of our funding.

6. A different bank for those who want a different world In need of finance? Buying a building Covering payments in arrears Buying equipment Funding staff posts Building up reserves Starting new projects Plugging a funding gap Refurbishing premises

7. A different bank for those who want a different world Benefits of loan finance Enables a project to be delivered NOW Can avoid potential increases in costs Lending against pledges/retrospective grants Independence Comes without strings attached

8. A different bank for those who want a different world Assessing loan applications Nature of the projectNature of the project Who benefitsWho benefits Ability to service borrowingAbility to service borrowing Quality of the applicant/key staff/governanceQuality of the applicant/key staff/governance

9. A different bank for those who want a different world Key information Background information on the Trustees and Management team Business Plan – 3 years forward Risk Analysis, including contingency planning Past 3 years annual accounts & annual reports Financial projections Bank statements

10. A different bank for those who want a different world Charity Bank loan finance 6 months to 20 years Secured or unsecured Secured on property or other assets: maximum 70% loan to value Rate typically 6.5% secured and 7.5% unsecured Arrangement fee 1%, minimum £ 250 No early repayment penalties unless …

11. A different bank for those who want a different world Borrowers statistics – 2010 Geographical breakdown by number of Borrowers East Midlands 12 Eastern 36 London 30 National 3 North East 11 North West 29 Northern Ireland 4 Overseas 1 Scotland 22 South East 38 South West 60 UK NGO Working Overseas 1 Wales 17 West Midlands 13 Yorkshire & Humberside 25 Sectorial breakdown for Borrowers Accommodation/Housing £5,928,766 Arts/Heritage £3,516,639 Community Regeneration £3,041,191 Education/Training £3,591,315 Sustainable Development £721,656 Health/Medical £1,686,742 Faith £4,309,163 Social Care £8,529,844 Sport/Recreation £1,286,536 International £367,275 Umbrella/Advice Organisations £1,438,912

12. A different bank for those who want a different world Case Study 1 Option CIC A community interest company that runs car pools in Northumberland, a loan of £39,000 bought four new cars after the company won a contract to provide a car pool for Newcastle City Council. www.optionc.co.uk

13. A different bank for those who want a different world Case Study 2 Age Concern Northumberland Providing help and support for older people in Northumberland CB loan of £600,000 enabled the charity to secure grant funding for the second stage of a new building www.ageconcernnorthumberland.org.uk

14. A different bank for those who want a different world Questions?