Should we apply for a £30,000 interest-free 3yr loan / something similar?
Luke Flegg Mon 1 Oct 2018 6:22PMPublicSeen by 7It's been a question we've held for a long time.
Especially since I came across CAF's SE-Assist loan scheme that's now expanded to Sussex, I find myself reconsidering this option, since we intend to have exponentially more surplus the further in the future we forecast, yet have a real need to bump start the car now, since we have very limited resources at this stage that we're trying to launch and build momentum in.
Of course we could still apply for grants.
https://www.cafonline.org/charities/borrowing/social-investment/se-assist
Luke FleggTue 2 Oct 2018 9:24AM
Let's chat about it and explore that question when you're next free to get together?
Katherine church ·Tue 2 Oct 2018 6:26AM
We would need to be much clearer on what we would use the money for and how much we need to achieve our objective. Has that analysis been done?
If so then a loan to kick start/ accelerate progress is definitely a good idea.
Katherine