Catalytic loans for enterprises creating social, environmental and cultural impact
The Challenge
There has long been a gap in the WA impact investment market between grant funds and risk-adjusted return capital – the valley of death – where impact-first social enterprises struggle to access capital to grow.
Impact Seed's Response
2024 sees the launch of the Impact Seed’s WA Impact Loan Fund which is targeting deployment of $2M in catalytic impact capital in WA in the next two years through a co-investment approach. This is the first fund in WA to take a collaborative approach to delivering patient, concessionary, and fit for purpose finance between $50-$500K to social enterprises at the crucial Development stage* of their growth.
The new WA Impact Loan Fund is patient in nature, concessionary in terms, and fit for purpose finance structures and due diligence support for deals between $50-$500K. The Fund is underscored by Impact Seed’s long history and knowledge of the WA social enterprise and impact investment markets.
For Social Enterprises
The Offer
- Patient debt capital (3-7+ year repayment terms)
- Concessionary terms including below market rate interest and deferred repayment options
Loan sizes of $50-500k on a co-investment basis
The Criteria
- Enterprise must be at Development stage*
- Delivering social, cultural and environmental impact grounded in WA
- Committed and capable leadership
- High social impact in the area of breaking cycles of disadvantage (eg job creation, health, education). We warmly welcome Aboriginal enterprises through our EOI process.
