Borrowing for Sustainability? A masterclass

On 27 September I spoke at a great event at NCVO co-hosted with Unity Trust Bank’s Andrew Jesson. The topic was “Borrowing for Financial Sustainability”. The aim was to bring to life how voluntary organisations can use different forms of finance to achieve their organisational goals.

Andrew spoke from his experience of having set up loan finance arrangements for many organisations over the years. These ranged from mortgages to working capital to tide over gaps in cash flow. Andrew’s biggest message was to put a solid amount of time and effort into the business plan, including the background research. Effective business planning enables you to really understand how the finances stack up and whether you will be able to pay back a loan.

 

Read the rest here.

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