Charity Bank

Can my charity borrow money from a bank? Is borrowing possible for a charity? Does a charity need express power to borrow? We go through the first things to consider when a charity is thinking about taking out a loan.

“When a property is owned by a charity, loan providers aren’t interested.” Custodial trustee Milton Rodosthenous explains why a Charity Bank loan was so important to The Twelve Apostles church.

“Banks says they want to support non-profits, but they won’t lend us money. Thankfully, Charity Bank and Big Issue Invest have been brilliant.” Read our interview with Ann Martin, CEO of Birmingham Supported Living 2010.

After over 20 years of renting, Elpis Ministries has finally bought its own church premises. It couldn’t have done so without the help of a £1.27 million loan from Charity Bank. Pastor Victor Darteh tells us more.

“We spoke to several lenders. It was like banging our heads against a brick wall. Then we approached Charity Bank, and it was a case of, ‘Yes, fine, no problem.’” Read our interview with Andrews Charitable Trust.

Strength & Learning Through Horses (SLTH) offers equine therapy and education in London. The charity was due to be evicted in January 2023 so desperately needed to find a new home. Rosie Bensley, the CEO & Education Programme Director of SLTH, tells us more…

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.

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.

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.