Sports Loan Fund
As Ireland’s leading Community Loan Finance provider, Clann Credo can help your community sports project with the finance it needs. Clann Credo is a not -for-profit charity which considers the impact your project has on your community. Clann Credo has loaned over €125 million to more than 1,000 community projects nationwide since 1996. It has a special €10m Community Sports Loan Fund to help community groups access sports grants and funding by providing them with Community Loan Finance.
Why Clann Credo?
- Affordable interest and repayment rates
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No Personal Guarantees required
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No application forms
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Experienced, regionally based staff, contact details
HERE
- Community impact of project is an important consideration in your loan request
Bridging Loans
Sports Grants are paid following submission of receipts for works completed and paid for. Clann Credo can provide you with a Bridging Loan to pay for works done for your club allowing you to claim the Sports Grant. The Clann Credo loan is repaid when your club receives the Sports Grant.
Match Funding Loans
Clann Credo can provide you with a term loan for your club’s development. The Sports Grant process may also require you to show your organisation has sufficient match finance (own funds) to cover the cost of the project. Clann Credo can provide you with a Match Funding Loan if your sports club does not have enough reserves to avail of the Sports Grant. Clann Credo’s repayment terms are flexible.
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.