You are invited to a FREE seminar on
Financing Sporting Ambition
Clann Credo Community Loan Finance
in association with Connacht GAA
Connacht GAA Centre
Cloonacurry, Bekan, Claremorris, Co. Mayo
Thursday April 26th from 7.00 pm to 9.00 pm
Following the announcement of the 2017 Sports Capital Programme in December, many clubs have been busy finalising their project plans. Others are considering purchasing equipment and looking at sources of finance for future improvements to club facilities.
Loan finance is often needed for Sports Capital funded projects such as upgrades to playing surfaces, training facilities and buildings. The grant is only released once the associated works or equipment have been paid for, and many sports clubs encounter difficulties in accessing loans on reasonable terms.
The seminar is aimed at all sports clubs who have successfully applied for a Sports Capital grant, or who are planning sports development projects in 2018.
Speakers on the night will include:
Gerry McGovern President of Connacht Council GAA – Welcome
Tracey Hannon Western Representative, Clann Credo Community Loan Finance on how loan finance can boost club development projects.
John Prenty Secretary of Connacht Council GAA on supports available from the GAA
Charlie Lambert Mayo Sports Partnership on grants and supports available to clubs in Mayo.
John Gallagher Chairperson of Belmullet GAA Club on their experience of developing their clubhouse and stand.
For more information and to register click https://financingsportingambition.eventbrite.ie or call 01 400 2100
€10m Community Sports Loan Fund
Clann Credo’s new €10m Community Sports Loan Fund helps amateur sports clubs and community groups to access sports grants and funding by providing them with Community Loan Finance.
Clubs planning improvements to sporting facilities often face difficulties in accessing finance on reasonable terms. Committee or board members may be asked to give personal guarantees or even to borrow in their own names. Clann Credo never asks a volunteer to guarantee a club’s loan.
Clann Credo is a not for profit charity which not only considers the ability to repay a loan, but also the impact your project has on your community.
Clann Credo has already invested in more than 100 amateur sports clubs around the country, enabling more people to enjoy the benefits of sport, providing better facilities, better club houses, better training facilities, better equipment.
Some of the sports Clann Credo has funded include: GAA; Judo; Soccer; Watersports; Archery; Baseball; Gymnastics and Community field sports.
In all cases:
- Personal guarantees are NOT required
- Interest rates are affordable
- Clann Credo welcomes early repayments and does not penalise for early repayment, even when the interest rate is fixed
- No application form to fill in
- FREE Financial check by Clann Credo
- FREE Clann Credo specialist workshops places
- FREE 1-year membership of The Wheel (Umbrella community organisation)
- It supports voluntary effort because is also a voluntary organisation and registered charity.
For more information visit www.clanncredo.ie