Friday August 7, 2020

Lending a hand to local initiatives

Accessing funds through traditional means can prove problematic for not-for-profits, but Clann Credo Community Loan Finance has been meeting demand by offering social finance to community-based projects across Ireland for over two decades

25th June, 2017
Clann Credo Community Loan Finance helps launch community projects

Despite the gradual upturn in the nation’s economy over the last couple of years, it’s still incredibly difficult for local charities, community groups and not-for-profits (NFPs) to access funding through traditional means.

All too often, the lack of start-up funding can jeopardise a worthy initiative from becoming a reality.

Lending institutions are more cautious in the aftermath of the downturn. And as profit is not the prime motivating factor for NFP...

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