Affordable finance for 'social businesses' with interest and tax relief for investors.
Community Chest arranges loans that attract 30% tax relief for investors through Social Investment Tax Relief (SITR).
Until recently we were able to offer loan finance to social businesses anywhere in the UK by working with a leading peer to peer (p2p) finance platform. However, the p2p loan market is undergoing major changes mainly as a result increasing regulation of the market. As a result Community Chest is reviewing its ability to facilitate such loans.
We do hope that Community Chest will eventually be able to operate in this space but not before the start of 2020 and only in the English Midlands. If you are interested in being kept informed of future developments please sign up to our mailing list.