|Investing in||Financial inclusion and economic growth|
|Offer opened||28th March 2019|
|Offer closed||subscriptions suspended until further notice - see update tab|
|Offer price, per share||£1|
|Minimum investment amount||£50 (individual investors) |
£250 corporate investors
|Maximum investment amount||£100,000|
|Min. raise for offer to proceed||No minimum|
|Maximum raise||No Maximum|
|Location of project(s)||Eastern England region|
Foundation East’s income is generated through interest and fees charged for the provision of loans, both from its own book and from contract delivery. In addition Foundation East earns income from letting properties.
The wellbeing and personal circumstances of Foundation East’s borrowers is improved through their ability to access affordable finance to grow and develop their businesses. In addition many of Foundation East’s borrowers are also social enterprises.
Learn more about key aspects of this share offer
Aims, social and financial performance, and how it's run
The information on this website is only a summary of the offer document.
Before applying for shares the whole text of the accompanying share offer document and business plan should be read.
If you are in any doubt about the information on this website, the content of the accompanying prospectus or the action you should take, you should immediately consult a person authorised for the purposes of the Financial Services and Markets Act 2000, who specialises in advising on investment in shares and other securities.
Prospective investors should be aware that the value of the shares, which will not be quoted, cannot go up, but can go down. In addition, there is no certainty that investors will get back the full amount they invest.
Subscriptions have been paused until further notice. Please see the update tab for further info
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