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“Without a loan, our church project would have taken years.”
Christ Church Aughton is a large parish church in Ormskirk. A few years ago, the church got an offer that was too good to refuse but needed a loan to help deliver its vision.
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“With other lenders, we were just a mark on a spreadsheet”
Jon Metcalfe, Deputy Chief Executive of YMCA Together, was getting increasingly frustrated by conversations with other lenders. His experience with Charity Bank couldn’t have been more different. Find out why.
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“Charities shouldn’t be scared of taking out a loan”
Trevor Nicholas, CEO of Aspire Ryde, shares his experience of taking out a loan, and explains why he thinks charities need to be prepared to borrow money to move forwards.
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Improving sports facilities with a loan
Berkhamsted & Hemel Hempstead Hockey Club desperately needed an artificial grass pitch, but the sports club was struggling to raise enough money through fundraising and grants, and its own bank turned it down for a loan.
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A chairman’s view: “Renting didn’t make financial sense”
Aspatria Dreamscheme wanted to expand its services but had run out of space. Adrian Cozens and Linda Hunter from Aspatria Dreamscheme explain why buying a new property was the best option and how they found the loan process.
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Building affordable homes with the help of a loan
“We couldn’t draw down the grants until the project was fully funded.” Lesley Bowlby, a director of Above Derwent Community Land Trust, shares some of the challenges of building affordable homes.
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“For the first time since 1947, we’ll have a home.”
Sports organisations can struggle to access loan finance. North Derbyshire Youth Football League is no different. It was turned down by several providers before it found Charity Bank.
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Buying a community centre with a charity loan
“Our bank wouldn’t even give us a quote!” With 7 title deeds and an overage agreement to contend with, buying Hill Street Community Centre was anything but straightforward. But, as Stephen Richards, Chair of Trustees, explains, Charity Bank was happy to help.
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How owning property can be key to a charity’s future
Target Housing has grown from a small local charity to a registered social landlord (RSL) managing 1,000 properties across South Yorkshire. CEO Shaun Needham explains why buying property has been instrumental to the charity’s success.