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Finance Explained

Finance for Charities

Capital is essential for charities to achieve their objectives and make a positive impact on the communities they serve. However, securing funding can be challenging, especially for smaller charities that may not have a steady revenue stream.

Asset finance is a useful tool that charities can use to access the funds they need to invest in new equipment, vehicles, or property. By spreading the cost of these assets over time, charities can preserve their cash flow and avoid the burden of large upfront expenses.

Finance agreements often come with flexible repayment terms and competitive interest rates, making it a cost-effective way to finance growth and expansion.

Financing Assets for Charities

Equipment
Vehicles
Technology
Furniture and fixtures
Refurbishment and building work

Assets

Types of assets your charity can finance with Bluestone

At Bluestone, our expertise and wide funding panel allow us to offer finance solutions for assets across the board. Here are some of the assets you could finance.

  • Equipment e.g., communication devices, IT infrastructure, and other specialised equipment.
  • Vehicles: Cars, vans, minibuses, trucks, or other specialised vehicles such as mobile clinics or libraries.
  • Renewable Energy Systems: Solar panels, wind turbines, geothermal systems, or other renewable energy solutions.
  • Furniture and Fixtures: Office furniture such as desks, chairs, and filing cabinets; along with appliances like lighting, plumbing, or HVAC systems.
  • Furniture and fixtures e.g., furniture, fixtures, and fittings to create a comfortable and safe environment for their clients.

Other types of assets that charities might finance include musical instruments for a community orchestra, sports equipment for a youth sports program, or equipment for disaster relief organisations.

Finance for charities - Two individuals providing assistance to a woman unloading a van of food, showing the role of finance in supporting charitable organisations.
Finance for charities administration - Two women engaged in computer work, representing the administrative aspect of finance for charitable organisations.
Benefits

Benefits of Asset Finance for Charities

Here are some of the ways charities can benefit from asset finance.

  • Cash flow management: By financing assets, charities can spread the cost of ownership over time, which can help them manage their cash flow more effectively.
  • Preservation of capital: Financing assets allows charities to acquire the assets they need without depleting their cash reserves.
  • Flexible repayment terms: Asset finance agreements can be structured to meet the specific needs of each charity, with repayment terms that match their cash flow or revenue cycles. 
  • Improved productivity: By acquiring the assets they need to carry out their work, charities can improve their productivity and efficiency. 
  • Access to new technology: Asset finance can help charities access the latest technology and equipment, which can help them stay competitive and provide better services to their beneficiaries.

What to do next...

How we can help

We understand that financing your operation can be a challenging task, especially with limited budgets and tight timelines. That's why we're here to support you every step of the way.

Our team of finance experts has years over 25 years experience helping charities secure the funding they need to improve their facilities, upgrade their equipment, and implement new programs. We'll work closely with you to understand your specific financing requirements and provide you with a range of financing options tailored to your unique needs.

While many other finance brokers work on behalf of third party investors (trying to deploy a particular investor’s funds), we are completely independent, meaning you will benefit from impartial guidance and bespoke finance solutions.

Our network of lenders can offer you competitive rates, flexible terms, and fast approval times, so you can get the funding you need quickly and efficiently. Plus, we'll guide you through the entire financing process, ensuring that you understand the terms and conditions and providing you with the necessary information to make an informed decision.

With Bluestone as your finance partner, you can trust that we'll support you throughout the entire process, from application to approval and beyond.

Contact us today to learn more about how we can help you finance your projects.

Looking for help with finance?

Bluestone can help you get the financing you need

Finance For Charities

Frequently Asked Questions

Are there any legal guidelines charities need to be aware of when applying for finance?

It is important that charities understand their legal and financial obligations when it comes to investments and funding, as well as any risks or tax liabilities they may be exposing themselves to. The UK government provides guidance on charities making investments.

‘Charities invest so that they can further their charitable aims. They can invest in a number of ways to achieve their aims, and there are specific legal duties and decision making processes attached to each. If trustees have considered the relevant issues, taken advice where appropriate and reached a reasonable decision, they are unlikely to be criticised for their decisions or adopting a particular investment policy.’

Click here to read the government’s full guidance for trustees.

BS.202311.01FAQ9

Our team are always here to help...

We know finance can be complex and often it's easier to talk things through. Drop us a message or give us a call 0330 135 8660 and we'll get back to you ASAP.

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