A different bank for those who want a different world

Getting it Built Where does the money come from 29 /11/2013 Carolyn Sims Head of Banking

A different bank for those who want a different world What is Charity Bank? A Bank that has a social mission Our mission is to transform the future of charities and social businesses

A different bank for those who want a different world How we achieve our mission We provide affordable loan finance to charitable organisations that might not be able to borrow elsewhere Our work is funded by individuals and organisations that use their savings as a positive source for change. Every pound deposited is used to provide loans to charities, social enterprises and voluntary organisations. We work with partners to create alternative funding solutions

A different bank for those who want a different world Charity Bank s impact to date £ 73+ million the amount of money that has been placed with or invested in Charity Bank. £ 170,000,000+ the amount committed to charities, churches, and social enterprises to date. In 2012/13 23% of our loans were to organisations that provided homes. £ 160 million of additional funding has been unlocked as a result of our funding.

A different bank for those who want a different world What is Social Finance? Investment with different objectives It has philanthropic goals It requires a blended return It requires repayment Is it higher risk?

A different bank for those who want a different world Key information Background information on the Trustees and Management team Business Plan – 3 years forward Risk Analysis, including contingency planning Past 3 years annual accounts & annual reports Financial projections Social Impact information

A different bank for those who want a different world Assessing requests Nature of the projectNature of the project Who benefits – the Social ImpactWho benefits – the Social Impact Ability to repay the investmentAbility to repay the investment Quality of the applicant/key staff/governanceQuality of the applicant/key staff/governance

A different bank for those who want a different world Charity Bank loan finance 6 months to 25 years £ 50,000 up to £2 m + Secured or unsecured Secured on property or other assets: maximum loan amount is 70% of the value of the property Rates vary depending on nature and size of transaction Arrangement fee 1% No early repayment penalties unless …

A different bank for those who want a different world Useful links

A different bank for those who want a different world Further information Carolyn Sims Head of Banking