Bridging Loans for Charities and Social Enterprises
28 Jan 2025, 12:00 - 12:45
- Online
- Support
- Investment
SIS provides business support to social enterprises, charities and impactful businesses and in this session, we discuss some of the challenging impacts of running an organisation and how to overcome them.
What you’ll learn:
- What bridging loans are and how they work for third-sector organisations
- How bridging loans can help manage cash flow issues
- Real-life case studies of charities and social enterprises that have benefitted
- Key considerations for applying and managing repayment
Who should attend?
Charities, social enterprises, and community organisations looking for practical financial solutions to short-term cash flow challenges.
At this free session, we will focus on bridging loans, a type of investment that can be used effectively by social enterprises and charities to cover short-term cashflow shortfalls. For example, the interval between an organisation receiving grant funding and paying an invoice. It is essentially a short-term loan which “bridges” the gap between the two transactions. Bridging loans are one of the more straightforward types of investment and they can also be one of the most impactful.
Our guest speaker, will be a SIS customer who has experience of how bridging finance can provide a valuable short-term solution for a specific time and cashflow shortfall.
During the Q&A, we will draw on the expertise of one of our investment managers, Annie Howie as we go through on of our customer's journey's to find out if a bridging loan is right for your business at this time. You may have to plan for, and make some big decisions for your organisation now or in the future, based on the current economic climate or ongoing cost of living impacts. Our Investment Managers will provide you with an overview to help better inform your decision-making and outline the next steps.
Our Guest Speaker:
Jim Simpson, Treasurer, Findhorn
Jim Simpson possesses an extensive background in the finance and corporate areas of international commodity marketing, the creative industries, and oil field services. Over the last ten years, Jim has used his C-suite experiences to focus on supporting organizations in the spiritual learning and community development areas to assist in maximizing their financial and organizational development areas to best support their mission and goals.
Active in the community, Jim is currently Chair of the United Church of Canada Foundation, board member of Naramata Centre, a spiritual retreat centre on the west coast of Canada and former board member of Pacific Jubilee Society for Spiritual Direction and Vancouver School of Theology and is active in the Naramata Cittaslow group.
Through his involvement in the International Holistic Centre network, Jim became involved with the Findhorn Foundation Trust providing some interim financial consulting support in the spring of 2021. After that contract concluded, Jim was invited to discern on joining the initial board of the SCIO. Jim feels there is a deep call for understanding the potential for alignment of our soul, nature, all beings, and spirit. As we can sit, in community, to listen to that still small voice, we can begin to see how care for one another and this planet can rise as one and create a new way of being.
Jim is dedicated to bringing his learnings and experiences to help this time of transformation and new creation at Findhorn to see what can be.
Your Host:
Kieran Daly, Head of Market Building at SIS
Our Head of Market Building, Kieran. will present real-life case studies of charities and social enterprises that have benefitted from a SIS bridging loan.
Kieran has held senior management roles in business development for a range of arts, volunteering and youth organisations for over 15 years.