SELF aims to help you grow your social enterprise and provide meaningful work opportunities for people who face complex barriers to employment.

Whether you're looking to expand your team, invest in new equipment, or scale operations, the SELF provides financing designed to meet you where you are -- the right capital at the right time.

• Loan amounts: Can range from $100,000 to $500,000

• Interest rates: Starting as low as 6.5%, with the potential for impact-based interest reduction if social impact milestones are achieved (e.g. job creation, community benefits) reducing to an effective rate of 6% over the life of the loan.

• Loan terms: Up to 7 years

• Repayment flexibility: While most loans are expected to start repayments from day one, schedules may be customised to align with your social enterprise's needs if appropriate.

• Security: SELF loans do not have to be secured but if collateral is available we request it is provided as security. Future contracts or trading turnover will be considered collateral when no other security exists. The goal is to provide flexible financing that aligns with the unique needs of each social enterprise.

To be eligible for a SELF loan, your social enterprise must:

• Be a not-for-profit (or an Indigenous business) with deductible gift recipient (DGR) status.
• Have been operating as a social enterprise for at least two years and generate over 50% of your income from trade.
• Have evidence of revenues generated from trading activities of at least $50,000 per annum in the last financial year.
• Be registered and operating in Australia.
• Be either:
  • Social Traders certified
  • People and Planet First verified
  • Supply Nation registered
  • A member of your state's peak social enterprise body
  • Have registered your interest with the relevant body for certification.
• Pay full award wages.
• Create jobs for people facing complex barriers to employment.
• Primarily employ and support individuals from at least one of these groups:
  • Aboriginal and Torres Strait Islander people
  • Adults aged 65 and over
  • Migrants, refugees, or asylum seekers
  • People from culturally and linguistically diverse backgrounds
  • Residents in rural, regional, or remote communities
  • People with disabilities
  • Individuals with recent or current experience of homelessness
  • Youth (aged 15 to under 25)
  • Other individuals with documented experiences of disadvantage not listed here
• Be able to demonstrate employment and support for people experiencing barriers to work through:
  • Independent evaluations
  • Participation in government programs (e.g., Skilling Queenslanders for Work, Disability Employment Services)
  • De-identified data on employees (e.g., numbers of employees from target cohorts, residence locations)
  • Qualitative or photographic evidence of employment and support initiatives
• Provide past and projected financial statements if available.
• Present a clear plan for how the loan will be used and the expected social and financial impact.
• Have a management team with strong dedication to the social mission and relevant experience.

• Email: info@whiteboxenterprises.com.au