Charities & social enterprises
For eligible social enterprises, charities and community businesses, SITR can be used to raise patient and flexible capital to support your trading activities. Find out if you're eligible and how it works.
For eligible social enterprises, charities and community businesses, SITR can be used to raise patient and flexible capital to support your trading activities. Find out if you're eligible and how it works.
Professional advisers
If you're an adviser to charities and social enterprises, SITR may enable the organisations you work with to raise investment in a more cost-effective way. Find information & resources to help you support them.
If you're an adviser to charities and social enterprises, SITR may enable the organisations you work with to raise investment in a more cost-effective way. Find information & resources to help you support them.
Investors
SITR enables more people to invest in line with their values. Individual investors can receive a 30% tax break on SITR investments. Find out how it works and how it compares to other tax reliefs.
SITR enables more people to invest in line with their values. Individual investors can receive a 30% tax break on SITR investments. Find out how it works and how it compares to other tax reliefs.
What type of capital can SITR raise?
Unsecured
loan or equity
Flexible
Negotiate terms acceptable with your investors
Patient
Window of 3 years and 1 day before repayments start on the capital borrowed
Risk is offset
Cost of finance subsidised with a 30% tax relief for investors
Case Studies
The Freedom Bakery
Type of investment
Loan
Investment amount
£48,000
Duration of investment
4 years
Cost of capital
1.75%
Aspire Gloucestershire
Type of investment
Social Impact Bond
Investment amount
£50,000
Duration of investment
3 years
Cost of capital
7%
BS3 Community (Southville Community Development Association)
Type of investment
Bond
Investment amount
£560,000
Duration of investment
6 years
Cost of capital
4%
Our Power
Type of investment
Loan
Investment amount
£1,460,000
Duration of investment
3 years (min)
Cost of capital
6.5%
South Bristol Sports Centre
Type of investment
Loan
Investment amount
£250,000
Duration of investment
6
Portpatrick Harbour
Type of investment
Equity
Investment amount
£100,000
Duration of investment
5 years
Cost of capital
1.5%
Burley Gate Community Shop
Type of investment
Loan
Investment amount
£57,000
Duration of investment
4 years for loans
Cost of capital
Between 2-3%
The Spotted Cow
Type of investment
Equity
Investment amount
£277,000
Duration of investment
3 years (min)
Cost of capital
3%
Ambition East Midlands
Type of investment
Social Impact Bond
Investment amount
£100,000
Duration of investment
3 years
Cost of capital
7%
FC United of Manchester
Type of investment
Loan
Investment amount
£270,000
Duration of investment
4 years
Cost of capital
2% (optional)
Fareshare South West
Type of investment
Loan
Investment amount
£70,000
Duration of investment
5 years
Cost of capital
5% for first 36 months, 7% for remaining 24 months
SITR review: looking at the headlines & not forgetting the impact
After spending time examining our open-source SITR Deals Database for the Government’s review of Social Investment Tax Relief, On-Purpose Associate Thomas Mackay picks out some of the headlines that helped to inform Big Society Capital’s response.