The Hybrid Social Finance Loan is a new financial instrument in Ireland that aims to support social enterprises to develop a credit record and enhance their financial sustainability. It provides a mix of a loan that must be paid back (interest rate applicable), along with a non-repayable loan (cash support) and business supports. To be eligible, social enterprises must be first-time borrowers and meet all eligibility criteria.
Deadline: Applications open on a rolling basis. This means there is no specific deadline for applying. However, it will close for applications once all the funds have been allocated.
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