Virgin Money has launched a new £200m fund to support farmers in their transition to net zero, by offering lower cost loans that can be used to invest in changes which reduce on-farm emissions. The Agri E Fund is the first fund offered in the UK dedicated to supporting farmers with the investment and carbon audits required to help them achieve their net zero target. Loans are available with 0% arrangement fees when a farmer completes a carbon audit and is borrowing over £50k to invest in emission reducing initiatives,…
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Virgin Money covers its not-for-profit fundraising platform’s 2% ‘platform fee’ until the end of lockdown
Virgin Money UK PLC has announced it will cover the platform fee for its wholly-owned not for profit fundraising business, Virgin Money Giving (VMG), for the remainder of government lockdown. VMG will waive its platform fee on all donations and fundraising activity, including the ‘2.6 Challenge to save the UK’s charities’, from 18th April. This fee, set at 2%, covers the running costs of VMG to enable it to provide charities, fundraisers and donors with a safe and secure digital fundraising service without making any profits. By temporarily covering the…
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