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User:Eastmain/Ulster Community Investment Trust

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Ulster Community Investment Trust Ltd.

UCIT was established in 1995 in response to decreasing grant support from government and the difficulties experienced by community organisations in accessing commercial loan facilities. [1]


[2]

The organisation now stands as a key provider of loan finance and support to the social economy sector in Northern Ireland and the Republic of Ireland.

Since becoming operational in January 2001, they have approved loans totaling in excess off £25 million to over 200 community organisations and social enterprises.

As a registered charity, all profits generated by the Trust are recycled for reinvestment into the community and social economy sector.

Loans are available for many purposes including: Refurbishment of premises, or the construction or purchase of new property Purchasing equipment Bridging funding gaps Restructuring existing debt Working capital

Who We Help: Community organisations, charities and social enterprises located in rural and urban areas across Northern Ireland and the Republic of Ireland.

Why We Are Different: Competitive interest rates No arrangement fees or penalties against early repayment Flexibility in arranging lending terms and repayments Straightforward application process Dedicated Personal Account Manager Access to free mentoring and support

References

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http://www.lurganmail.co.uk/news/Shankill-project-on-the-up.3234431.jp


http://www.accessmylibrary.com/coms2/summary_0286-22280338_ITM

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Category:Organisations based in Northern Ireland