Leicester Social Economy Consortium (LSEC), one of the largest social enterprises in Leicester, has successfully secured a £625,000 refinancing deal with Charity Bank, the loans and savings bank owned by and committed to supporting the charities and social purpose organisations. Earlier this year, LSEC faced a financial challenge when their previous loan provider ceased catering to loans under £1 million. Undeterred, LSEC actively sought a new partner and found a reliable ally in Charity Bank. The swift intervention of Charity Bank provided the necessary support through a refinanced loan, positioning…
Read MoreLeicester Social Economy Consortium Secures Vital Refinancing Deal with Charity Bank
