Banking for charities

A new bank has been founded to offer loans or guarantees specifically for charities.

Charity Bank is the only authorised bank that is also a registered general charity. They offer loans or guarantees for a variety of projects or needs and can lend to any organisation that is a registered charity; as well as community groups, voluntary organisations, community businesses and social enterprises as long as the purpose of the loan is charitable.

Charity Bank also offers a range of savings and deposit accounts for individuals, charities and businesses, which allow you to earn a fair rate of interest whilst supporting good causes. Every pound in depositors’ accounts is pooled to provide affordable finance to charitable organisations that are tackling society’s big issues and creating or preserving jobs and income in communities across the UK.

For more information contact Jaishree Mistry, Lending Advisor, London on 07789 715212 or visit www.charitybank.org