Community loans help us to extend the reach of our traditional grant-making. We consider loans for community organisations as a way of producing measurable social impact and they allow us to recycle our capital to assist other projects. They also provide organisations with access to capital that might otherwise not be available.
Community loans are not grants and therefore our loans must be repaid.
If you have any questions about Community Loans ring 0800 500 185 or email firstname.lastname@example.org
Non-profit organisations that are a legal entity and operating in our area can apply including:
(Registration with Charities Services does not mean your organisation is a legal entity)
The following organisations can’t apply:
Our loans support a wide range of new and existing projects and facilities across our four strategic pillars.
Working with communities to ensure people participate, are supported, empowered and cared for.
Working with communities to ensure people participate, celebrate, and preserve our arts, heritage and culture.
Working with communities to ensure every person has the opportunity to achieve their potential.
Working with communities to ensure they are connected, successful, resilient and dynamic.
Within these four pillars we have specific priorities we want our funding to support, and your application will be stronger if you can meet some of these.
Please see Our Strategic Vision for details on our priorities in each pillar.
The following types of organisations and activities can't apply for loan funding:
We consider and manage community loans based on the following principles and criteria.
New Zealand has a law called the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT) and Community Trust South must comply with its requirements.
Also as part of what the AML/CFT calls “customer due diligence” we must obtain and verify certain details and information about your organisation including the people associated with it (e.g. directors and shareholders, trustees and beneficiaries). Verified documents will be required to confirm these details. Refer to our Identification and Address verification requirements.
If you're not able to provide the required information, it is unlikely we will be able to consider your application for a community loan.
Discuss your project with our General Manager.
Loan Application (by invitation only)
This is made online. If you haven’t applied before you need to register by providing your name, organisation and email address as well as creating a password – it only takes a moment!
Once registered you will be sent a link and instructions on how to access the loan application. You will be able to log in at any time to access your application and to help you prepare you can also download the application form so you can see what questions we ask.
Due diligence and Funding Decision
Thorough due diligence, that also may involve third parties, is undertaken by our General Manager and Investment Committee to support trustees in making an informed decision on your loan request.
This is a formal contract between Community Trust South (the lender) and your organisation (the borrower).
Your application will be reviewed and assessed from a social impact point of view as well as assessing the likely financial return.
We typically consider the following but this may vary depending on your type of organisation, nature of project and amount of loan being requested:
Given the due diligence requirements associated with our community loans we can’t provide you with a definite time frame for decisions. However, we will let you know likely timeframes.