The success of the BCRS strategy is founded on our ability to combine private sector sourced funding, including that from commercial banks, co-operative funds, corporates and individuals with that drawn from the public sector. Through leveraging of these funds BCRS is able to increase the economic impact of that funding.
Lending alone however is not a sufficient benchmark of success. BCRS prefers to evaluate success in terms of our impact on value – added growth for local businesses, the number of jobs safeguarded, new jobs created and new products and services offered to the wider community.
What your investment can do?
Your investment will be directly on-lent, and as BCRS is operationally sustainable (fees and interest cover our operating costs) you can be assured that not only will your investment be re-issued as a loan, but that it will attract further funding, which itself will be wholly lent. As issued loans are redeemed, these funds are recycled as further lending.
We have had a fantastic start to the year…This wouldn’t have even been an option without the help from BCRS.
Mark Sproston – The Shave Doctor
Investment in BCRS may be eligible for Community Investment Tax Relief (CITR). CITR is a tax relief available to qualifying investors, private individuals or corporate organisations in BCRS (an accredited Community Development Finance Institution (CDFI), to be made available to finance qualifying profit distributing enterprises. You may even want to stand for election to our board.
Want to find out more?
To find out more information or to request a member investor pack please contact:
T. 0345 313 8410