Triodos Bank, in partnership with Social Investment Scotland (SIS), has created a full loan package for charities and social enterprises in Scotland wishing to expand their property.

Organisations looking to purchase long leasehold property will now be able to borrow as much as 100 per cent of the property value.

Triodos will be responsible for funding the majority of the property’s cost, offering to lend up to 70 per cent, whilst the SIS will cover the remaining 30 per cent.

Craig Campbell, chief executive at SIS Scotland commented: “We hear regularly how difficult it is for organisations to find finance to enable expansion plans, and we hope this will help them realise their ambitions for growth”.

David Cousland, regional manager for Scotland at Triodos bank also said: “We hope this package helps create a platform of growth for Scotland’s third sector”.