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Social Enterprise Finance Fund (SEFF) |
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The Social Enterprise Finance Fund (SEFF) was established to work in conjunction with the Community Finance Fund – Social Enterprise (CFF-SE). The Social Enterprise Finance Fund is designed to support smaller and emerging social enterprises which may not immediately qualify for financial support from the Community Finance Fund – Social Enterprise.
The fund is designed to support social enterprises to develop financial resilience, extend delivery of their products and services and improve performance. As these social enterprises mature the Fund will allow them to invest in their asset base, building their financial strength over the long term.
The Fund offers enterprise lending designed as flexible finance options to promote the growth and development of social enterprises.
To access finance, Social Enterprises must qualify under the Forester’s investment ready appraisal process.
In providing access to structured finance, the Fund provides benefits to Social Enterprises in the form of:
- Access to loan capital required to pursue enterprise strategies;
- The opportunity to embark on asset building strategies, with the potential to add real wealth to the balance sheet of Social Enterprises;
- Long term security of tenure in their locality;
- Confidence to embark on strategies for growth and development; and
- A professional, socially minded financier.
Click here for a summary of the fund
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