UCIT
Location
"To develop and provide competitive, flexible and tailored lending, investment and business support to the third sector throughout Ireland"
Who We Are:
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. 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 totalling in excess off £35 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.
What We Do:
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
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