Fund title: Responsible Finance
Focus of fund/fund aims:
Membership body for responsible lenders who make fair and affordable loans. Includes the Finding Finance search facility.
Responsible Finance is the new name for the Community Development Finance Association. It is a network of finance providers which provide loans for customers not supported by other lenders. The members of Responsible Finance are social enterprises which reinvest profits so that more people and businesses can access finance.
One of the programmes led by Responsible Finance matches £30m from the Regional Growth Fund with £15m each from the Co-operative Bank and Unity Trust Bank, to provide loans to small and micro businesses unable to access mainstream finance. The programme is delivered in the South West by SWIG Finance.
Responsible Finance provides a search facility through findingfinance.org.uk so that businesses, social enterprises, charities and individuals can find fair and affordable loans.
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