Interest Free Loans
Summary: Rugby Football Foundation’s Interest Free Loan scheme provides up to £100,000 in an interest free loan to capital works to clubs at level 4 and below.
- 020 8831 7985
- Amount Available
- up to £100,000
- Type of funding
- Club, Group or Organisation, Equipment, Facility Development
- Leicester-Shire & Rutland Sport
About Interest Free Loans
The Interest Free Loan scheme provides up to £100,000 in an interest free loan to capital works to clubs at level 3 and below which contribute to the retention and recruitment of community rugby players.
The maximum loan period is 15 years. Loans are available on a 'stand alone' basis, but projects are considered stronger if they include additional funding (internally or externally generated).
The RFF operates a two stage application process:
Pre-application - The RFF will not consider any loan applications for projects that have not been identified as a priority within local Constituent Body Facility Plans.
- Stage 1
The club completes the Stage 1 Application Form. At this stage the club should ensure that the form is fully completed along with a number of key pieces of information. The complete application needs to be logged with the RFF. The RFF will then write to the club informing them whether they can proceed to a Stage 2 application or advise them that the application does not meet the RFF's Stage 1 application criteria.
- Stage 2
The club will be required to provide further supporting evidence. Within six weeks, the club will be informed in writing by the RFF Administrator of the Trustees decision.
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