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Loan fund backs sector bodies in contract bids
By Andy Ricketts, Third Sector Online, 30 June 2008
Futurebuilders England has opened a £1m loan fund to help voluntary organisations prepare bids for contracts to deliver public services.
Third sector organisations can apply for three-year interest-free loans of between £3,000 and £50,000 to help pay for costs associated with bidding, such as legal fees. To be eligible for loans, organisations must show that they could not secure funds from a commercial lender and would have a realistic chance...
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