Charity Loans

If you have a vision, a charity loan could help make it a reality. We take a flexible and responsible approach to lending. Share your ideas, and we’ll help you choose what you can afford to borrow and how long you need to repay it.

Summary

We’ve supported Charities and Businesses for over 130 years and we prioritise business lending to organisations that deliver positive social impact, so you’ll be joining a group of like-minded people.

We will prioritise our business lending to those organisations in the UK that deliver positive social impact. We can provide competitively priced loans and commercial mortgages on terms up to 25 years.

We can lend for business expansion and working capital in the following sectors:

Health and Social Care
Social Housing
Social Enterprises
Education
Faith Organisations; Churches, Religious Orders
Charities
Community, Arts, Heritage, Sports
SME sectors

Please see the important information regarding Charity Loan support in the tab named “Support during the Covid-19 pandemic”.

Charity Loans

Term loans
Lending from £250k to £2.75m
Repayment term up to 25 years with 5 year commitment
Typically up to a maximum of 65% loan to security value

Features

What we offer

Term loans
Lending from £250k to £2.75m
Repayment term up to 25 years with 5 year commitment
Typically up to a maximum of 65% loan to security value
Tailored loan pricing on a case by case basis
Simple application process and fast decisions
Early indication of our appetite to lend
Specialist not-for-profit sector experience
Tailored solution to suit your Charity’s unique requirements
You’ll have a named relationship manager to contact directly when you need to speak to someone. They’ll understand your organisation, and the challenges you face.

Early indication of our appetite to lend
Specialist not-for-profit sector experience
Tailored loan pricing on a case by case basis

Charity Loan enquiry form questions

Get in touch with us and we will be happy to answer your questions

Enter your details below and we will give you a call to discuss a Charity Loan.

The enquiry form below is a short form for enquiry purposes only.

* Mandatory fields

Economic challenges and our support

We’re here to support you during these economic challenges

If you are struggling with your charity commitments because of economic or inflationary pressures or interest rate rises we would encourage you to contact us at the earliest opportunity.

We are asking affected charity customers to contact the Commercial department via email on commercial@reliancebankltd.com and would ask you to provide us with a background as to your circumstances, together with the following:

• Business name and post code
• Best contact telephone number
• Some brief details on your specific circumstances

We will review each case to establish how best we can support you during these challenging times.
Remember we are here for you. We’ll continue to look at what we can do to support you.

Reliance Bank's base rate

Reliance Bank base rate currently 1.30% will increase to 1.75% on Thursday 1st September 2022.

Following the recent Bank of England (BoE) base rate increases we increased the Reliance Bank base rate from 0.85% to 1% effective on 1st April 2022 (an increase of 0.15%) and then it increased to 1.15% on 3rd May 2022 (an increase of 0.15%). The Reliance Bank base rate increased to 1.30% on Wednesday 1st June 2022. As of Thursday 1st September 2022 the Reliance Bank base rate will become 1.75%.

The changes outlined above will result in an increase to the interest rate applicable to your charity loan. Your facility agreement sets out how your repayments will change.

The Sterling Base Rate of Reliance Bank is set by the bank from time to time taking account of the bank’s cost of funding. The rate does not automatically track the Bank of England Base Rate.