HOW WE CAN HELP
We understand that you maybe worried about how your small social enterprise or charity will survive if your services and customers are affected. Here are just a few things we can do to help.
GET IN TOUCH
If you are worried about anything to do with your social investment with CAF Venturesome the first thing to do is get in touch with your investment officer. If you are not sure who they are, take a look at our team page or email our general inbox venturesome@cafonline.org. We will get back to you straight away.
WE CAN BE FLEXIBLE
Every social enterprise and charity will be affected differently. For many organisations, your needs will change over the course of the loan - we will try to be as understanding and flexible as we can be in these circumstances, and can vary repayment schedules when necessary.
RAINY DAY PLANNING
Sometimes you need to know there is money available to draw on in case contract payments are delayed or you have cashflow problems. We understand that you need to secure the finance, but not necessarily draw it down and start paying interest on it, so we offer “standby facilities”.
An organisation typically pays 2% for one year, as a non-utilisation fee up front, for the peace of mind that the money is available should you need it. If you draw down the loan within the year, you get the fee for the unused period reimbursed.
We hope that you all keep well and, if affected, make a speedy recovery.