Unity Trust Bank PLC

Unity Trust Bank provides bank lending to UK SMEs with a social purpose.

Key info

  • Geography

    UK wide

  • Asset class

    Social lending

  • Fund manager

    Unity Trust Bank

  • Investment status

    Current

  • Investment date

    2016

  • Term

    10 years

  • Company size

    £1 billion
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The challenge
Unity Trust Bank provides bank lending to UK SMEs with a social purpose that struggle to obtain affordable and simple loans from mainstream lenders.

Our approach
Unity Trust Bank aims to be the bank of choice for all socially-minded organisations in the UK. Through safe, sustainable growth, it supports its customers looking to deliver social, economic or environmental change in their communities while also meeting their commercial needs.
Our approach to supporting social banks is rooted in the critical role they play in the social investment market intermediating between retail investors and socially-minded borrowers. To date, we have invested £6.1 million in Unity Trust Bank as regulatory capital alongside other shareholders

The Investment
BSC investment provides the Bank with additional capital to grow its lending portfolio and support more organisations seeking to grow their social impact.

Impact

  • £1.7 bn

    Deposits & accounts for value-aligned organisations

  • 10,500

    Organisations delivering impact that have received support

  • £270 million

    Amount Unity aims to deploy by 2030 in net zero aligned and transitioning finance to customers delivering positive impact in their communities.

Sustainable development goals

  • 1: No Poverty
  • 3: Good Health and Well-being
  • 4: Quality Education
  • 7: Affordable and Clean Energy
  • 8: Decent Work and Economic Growth
  • 11: Sustainable Cities and Communities
  • 12: Responsible Consumption and Production