Reliance Bank supported Reach Church so their volunteers can continue to help refugees, asylum seekers, families in crisis, homeless and recovering addicts

Reliance Bank were keen to support Reach Church because we could see that there were many synergies with The Salvation Army. Reliance Bank was formed by William Booth the founder of The Salvation Army for the exact purpose of supporting charities such as Reach Church that deliver a positive social impact in the UK.

Solution
Reliance Bank have provided a commercial loan to Reach Church to assist with build costs of renovating and refurbishing the Riverside Centre in Derby. These works will improve the facilities Reach Church can offer and help to generate income to continue their valuable work in the community

Impact
Reliance Bank supported Reach Church with a commercial loan because of the good work they deliver in the form of the Reach Response service whereby volunteers support refugees and asylum seekers, families in crisis, those who are homeless and recovering addicts. The conference centre is being used as a Rapid test centre for Covid-19 and has also been hired out for NHS training sessions which will continue notwithstanding Covid-19 restrictions along with Blood Donation Services.

Reliance Bank recognise the good work Reach Church deliver at Riverside and we are proud to work with them as they help to build networks and support people in crisis and need.

Ben Rook – Senior Leader for Reach church said:
“We were looking for an ethical bank that understood our mission and were willing to walk with us through a pandemic. Reliance Bank understood, stepped up and delivered”

Reliance Bank has been at the forefront of social impact banking since 1890, when we were formed by William Booth the founder of The Salvation Army.

As a Bank we’ve supported churches and charities for over 130 years and we prioritise business lending to organisations that deliver positive social impact in the UK.

To find out more about our Charity Loans: Click here

If you wish to discuss your borrowing requirements, please contact one of our Reliance Bank Relationship Directors at commercial@reliancebankltd.com or call 0207 398 5400.