We off interest and charge-free loans of up to £1,000 to individuals facing challenges to their dignity, freedom or sanctuary (the funding priorities of the Jack and Ada Beattie Foundation).
Please make sure you read our policy documents before applying.
- No Interest is charged at all
- Loans are charge free
- Loans must be paid back within a 12-month period over the course of 12 instalments
- Loans are awarded on a borrower-lender-supplier-basis, i.e. loans are used for goods or services
- Loans are for a fixed amount
- Bank of Mum and Dad does not offer loans on a repeat basis