Cost of Living Fund- Novermber

1st November 2022

Cost of Living Crisis Fund opens

We have some exciting news! In response to feedback from our clients and in order to help organisations deal with rising costs and inflationary pressures, we are pleased to announce that we will shortly be launching a new Flexible Finance Fund.

Who?
This fund will be for established community and social enterprises, to complement our existing blended funds. 

What? 
This is a revolving facility available up to £150,000 that can be drawn and repaid flexibly, as needed for an initial period of up to five years. Any balance at the end of five years then converts into a standard loan, repayable over three years. 

Why?
It is intended to help you keep your cash flow smooth by covering (bridging) gaps plus also provides flexibility to maximise opportunities. This is part of a wider set of products, designed by Key Fund to help organisations deal with rising costs and inflationary pressures. 

When?
The Flexible Finance Fund is open for applications NOW and you can discuss your particular funding requirements by contacting info@thekeyfund.co.uk 

For full terms and conditions, as well as eligibility criteria for the Flexible Finance Fund, or to discuss your particular funding requirements, please contact: info@thekeyfund.co.uk 
After pledges from supporters and donors over the summer, we opened our Cost-of-Living Crisis appeal to the public and businesses to donate to a few weeks ago. We are attempting to bring together all the money available in our region into a central cost of living fund to ensure the people and the communities most in need receive a contribution of support as soon as possible. 

Groups all over the region can now apply for up to £2000 for critical support, initially around food, energy and essential items. 

The level of support is based on current funds available and may be subject to change. We will be regularly reviewing this as the donations and need evolve.

APPLY for the Cost-of-Living Crisis Fund