Loans  >  Climate Action Loan Fund

Climate Action Loan Fund

 
Climate change has a real impact on communities here in Ireland as well as abroad. Many community groups want to help reduce Ireland's carbon footprint and save money by implementing cost effective energy-saving measures. 
 
As Ireland’s leading Community Loan Finance provider, Clann Credo can help your community climate action project with the finance it needs. Clann Credo is a not for profit charity which considers the impact your project has on your community. We have loaned over €125 million to more than 1,000 community projects nationwide since 1996. 
 
We now have a  special €10m Climate Action Loan Fund to help community groups maximise their impact on Climate Action by providing them with Community Loan Finance.
 
To download out leaflet about our €10m Community Climate Action Loan Fund, click here.
 
We have also started a Sustainable Energy Community!  To find out more and join, click here.
 
 

Why Clann Credo?

  • Affordable interest and repayment rates
  • No Personal Guarantees required
  • No application forms
  • Experienced, regionally based staff, contact details HERE
  • Community impact of project is an important consideration in your loan request



 


 

Bridging Loans

Bridging Loans are normally used to meet short-term needs. Many grant funders ask for proof of payment before releasing the grant. Clann Credo can provide a Bridging Loan to pay invoices for goods or works done, allowing you to submit receipts and claim the grant. The Bridging Loan will be repaid when the grant funds are received.

Match Funding Loans

Term loans help to spread the cost of an upfront investment over a period of time. Property Loans are available for purchase, construction, redevelopment and retro-fitting projects. Capital Equipment Loans can assist with vehicle and equipment purchase. Working Capital Loans help to pay for wages, services and/or materials, and Match-Funding Loans can help to fast-track projects where a community contribution is required.
 
 
 
 

1 As of 1st December 2022 - Actual rates and fees depend on individual circumstances and may differ from advertised rate.

 

Other Benefits from Clann Credo

 

- FREE 1 year membership for The Wheel (umbrella community group support network)

- FREE Financial Health Check for your organisation

- FREE places on Specialist Workshops for your volunteers and staff

- Access to a range of extra benefits from our partner organisations, The Wheel and TrustLaw.

 

Under the Credit Reporting Act 2013 Clann Credo is required to provide personal and credit information for Credit Applications and Credit Agreements of €500 and above to the Central Credit Register. This information will be held on the Central Credit Register and may be used by other lenders when making decisions on your Credit Applications and Credit Agreements. The Central Credit Register is owned and operated by the Central Bank of Ireland. For more information, including on how your data is processed, see www.centralcreditregister.ie.