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Resonance’s first Social Investment Tax Relief (SITR) Fund brings £5m investment to the social enterprise sector in and around the South West over the next two years.
The Fund offers unsecured loans over a six year term, “interest only” for the first three years.
Resonance selected SITR as the framework for the Fund because the legislation is specifically designed to support the social enterprise sector to access social investment more affordably, whilst attracting investment from individual social investors.
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