For various reasons, the classic market of credits and risk capital is not always accessible to companies active in the social sector. For this reason, there is alternative financing providing organisations and companies in the social economy with access to credit and risk capital. These are often small amounts (microcredits/micro-loans) made available to people having difficulty accessing, or even no access at all, classic banking financing. Some of this funding is supported by authorities, and the rest is supported by private institutions.
Below is a non-exhaustive list of alternative financing:
Brusoc is a financing instrument, which, through the creation of local and sustainable employment, specialises in the economic revival of areas located in priority intervention zones of the Brussels-Capital Region. As a partner of the local and social economy, Brusoc targets those who don't have access to classic bank financing. It offers micro-credits to self-employed individuals and loans for social economy projects.
MicroStart's objective is to support, through microfinancing, entrepreneurs excluded from the classic banking system in the context of creating or developing their own business. MicroStart highlights the dialogue with the entrepreneur, the project in question, and its human approach.
Triodos is an independent bank characterised by its activities in favour of sustainable development and its transparency. Using the savings that its customers entrust it with, Triodos bank finances companies, institutions, and projects offering added value in the ecological, social, or cultural dimension. The bank also offers sustainable investment funds and sustainable capital management for investors wanting to encourage companies to run their businesses in a socially-responsible manner.
Credal's objective is to make money invested by "co-operators" available to organisations active in the social economy (solidarity credits), to micro-entrepreneurs (professional microloans), and to people excluded from the classic banking system (personal microloans).
Hefboom (NL) offers financial support and expert advice to companies and organisations active in the social and solidarity economy in Flanders and Brussels. Hefboom also offers ethical investment products. The organisation focuses on projects related to the training and employment of at-risk groups.