Scottish Communities Finance Ltd. 21 Walker Street, Edinburgh EH3 7HX; 07934690429; info@scotcomfinance.scot; www.scotcomfinance.scot It issues ‘Community Bonds’ to assist orgs raise … This money is then lent to local, social and community businesses in need of repayable finance to undertake local economic & social actions. The SCRT financial arm is Scottish Communities Finance Ltd. An FCA registered Community Benefit Society(7649). A £20m Third Sector Resilience fund will be established to help our valued third sector cope with cash flow and business health. Scottish Communities Finance (SCF) Ltd was established to support both communities of interest and geography across Scotland. As a Community Development Finance Institution (CDFI) our purpose is to assist communities to raise capital from within their own communities to create funds that can be used to address the needs of communities, thus making them more vibrant and resilient. SCF's focus is to assist communities (both place based and thematic) all across Scotland to be more viable and vibrant.

SCF Ltd assists Scottish communities (both place-based and thematic) to be more vibrant by encouraging ordinary people to collectively reinvest back into their communities via Community Bonds. #JustRecovery: Communities for Future – Open online SCCAN Gathering Posted on 07/05/2020 13/05/2020 Author Katharina ++++++UPDATE: NB The event starts now 2pm, not at 3pm as originally suggested +++++++++++++ What can we learn from how the state, public & private bodies and citizens have responded Read More … Scottish Communities Finance Ltd – a new Community Benefit Society based in Edinburgh that aims to mobilise ordinary people across Scotland to reinvest in their communities – is being launched today. The SPFM sets out the relevant statutory, parliamentary and administrative requirements, emphasises the need for economy, efficiency and effectiveness, and promotes good practice and high standards of propriety.

The Scottish Public Finance Manual (SPFM) is issued by Scottish Ministers to provide guidance for government and other relevant bodies on the proper handling and reporting of public funds. A £40m Supporting Communities Fund will be established to underpin the inspiring work that is already underway in our neighbourhoods and communities and that will prove essential to our nation’s resilience.

Scottish Communities Finance seeks to enhance community resilience and cohesion by providing loans that meet the financing needs of community businesses and social enterprises.