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    1. CAF welcomes party leaders’ commitments to Legacy 10 campaign
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Media office

CAF is one of Europe’s largest charitable foundations. We produce research on charities and charitable giving, develop policy ideas and work with people, companies and charities to help good causes thrive.

Our Media team provides journalists with comments, interviews and information. We can be contacted 24/7 and have an ISDN line for broadcast interviews. Call us on 03000 123 286.

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Press office direct line (24 hours): 03000 123 286


ACEVO partners with CAF Bank to unlock finance for charities

February 13

CAF Bank, the leader in charity finance, today announced that members of ACEVO, the charity leader’s network, can enjoy special loan discounts for their organisations as part of a new partnership.

ACEVO members’ charities will receive a discount of 0.25% on CAF Bank loan rates* for the initial 12 months from the commencement of the loan**. With almost half of ACEVO members surveyed in the flagship Social Sector Tracker saying they would consider taking on a loan for future investment, this is an opportunity to help turn their charity’s plans into a reality. 

CAF Bank is wholly owned by Charities Aid Foundation, an international charity which last year distributed over £400 million to charities.

CAF Bank offers loans for re-finance, property purchase and asset development. Working capital or bridging/overdraft facilities are also available and suitable to assist in situations such as payment by results.  Loan amounts range from £50,000 to £5 million. To date, it has helped support a diverse range of charities including social housing, a heritage steam railway, education and faith-based charities.

Since the start of the year CAF Bank has approved nearly £30 million in loans in order to help charities up and down the country fulfil their missions.

Examples include:

  • The Howletts Wild Animal Trust, a charity dedicated to reintroducing endangered animals into their native habitat. The CAF Bank loan of £250,000 over three years gave them essential funds to start a luxury camping experience, freeing them up from relying on grants, donations or existing reserves , and turn their venture into a real revenue generator.
  • Pathways, a social landlord, who needed a loan of £1 million to redevelop properties to help them provide support for the vulnerable people they house.
  • Colchester School of Gymnastics, who needed a loan of £200,000 to build an extension to their property, allowing them to double the number of people young and old using their facilities.
  • Kent & East Sussex Railway, who chose to refinance their borrowing with CAF Bank, freeing up funds to continue their vital work of preserving the railway and offering a historical education about Britain’s industrial heritage.

Peter Ostacchini, Chief Executive Officer, CAF Bank, said: “We’re thrilled to be working with ACEVO to make access to finance even easier for charities. Being able to borrow money is becoming increasingly important for the sector as they change their ways of working and rely less on state funding.

“We have many years’ experience of working with the third sector and because we are part of the sector ourselves we always look to find the best possible ways to help our clients fulfil their missions. We hope this new partnership can help even more organisations make a difference.”

* Loan rates are negotiated individually for each proposal submitted.

**Loans are subject to accepted application and credit assessment.

CAF Bank Limited (CBL) is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered office is 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4JQ. Registered under number 1837656. CBL is a subsidiary of Charities Aid Foundation (registered charity number 268369). Telephone calls may be monitored or recorded for security/training purposes and by calling you give your consent to this. Lines are open Monday to Friday 9am - 5pm (excluding bank holidays).

Note to editors

ACEVO is the Association of Chief Executives of Voluntary Organisations. Since 1987 it has supported, connected and represented the leaders of UK charities, community groups and social enterprises. Third Sector leaders joining ACEVO have access to a range of exclusive benefits for their organisations, beside networking opportunities and media representation. For more information about ACEVO member services please contact Jennifer Finn, Director of Member Services: jennifer.finn@acevo.org.uk.

For media comment please contact the ACEVO Press Office: george.bangham@acevo.org.uk or 020 7280 4964.

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