Borrowing from
Co-operative & Community Finance
the lender for social purpose
FeesWe make only one charge to borrowers other than that of interest. This is a charge for the loan appraisal and arrangement, which also contributes to the cost of support that we normally provide throughout the term of the loan.
This fee normally varies between 1% and 2% of the sum advanced, depending on the work involved. The minimum fee is £350. The fee is only paid by successful applicants.
There are no annual facility or review fees, no charges for monitoring visits, letters or phone calls.
Support Service
Successful lending requires more than just sympathetic finance. We offer support to our borrowers throughout the term of the loan as part of the funding package - there is no additional charge for this service. We also facilitate networking with other similar businesses throughout the UK.
Membership
Co-operative & Community Finance and all the funds we manage support the principles of mutuality. Borrowers from our own funds are required to become members.
Successful borrowing requires more than just sympathetic finance.
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Soft Touch is a not-for-profit community arts co-op based in Leicester, supported by finance from Co-operative & Community Finance.
