Next Generation Loan
Helping Communities Create a Legacy
The Next Generation Loan is Clann Credo’s long-term loan for established community organisations and social enterprises that are ready to buy land, buildings or infrastructure. Borrow up to €800,000 at 5.70% variable over up to 15 years, secured on the property you’re buying, with no personal guarantees.
Next Generation Loan at a glance
- Loan amount: up to €800,000
- Interest rate: 5.70% variable
- Term: up to 15 years
- Security: secured on the land or building being purchased
- Loan-to-value: up to 80%
- No personal guarantees and no early repayment fees or penalties
- For: organisations with a proven track record, typically operating for more than three years
Own Your Future
As community organisations grow, many reach a turning point: the need to secure long-term access to land, buildings or infrastructure. Renting or relying on temporary arrangements can hold growth back and create uncertainty.
Owning your assets changes what’s possible. It gives you certainty, reduces long-term costs and lets you plan with confidence. For your community, it means services that are more stable, more accessible and built to last.
The Next Generation Loan is designed for this stage. It helps you invest in the assets that give your organisation stability, independence and long-term security.
What can the Next Generation fund?
- Buying land for community use
- Buying a building to house your services, activities or social enterprise
- Developing or upgrading facilities on the property you acquire
- Securing long-term community infrastructure
These investments create a foundation that supports community services for years to come.
Built for Established Organisations
The Next Generation Loan is for organisations with a proven track record, typically operating for more than three years and ready to take the next step. You know your community, you have shown your impact, and now you’re focused on securing the future.
A loan named for the leaders who come next
After 30 years of impact lending, we’re seeing something powerful. A second generation of community leaders is stepping up. People who grew up watching what their community leaders achieved are now taking responsibility themselves, bringing new ideas, new skills and new ambition.
That’s more than continuity. It’s proof that community-led change can endure, renew itself and grow. The Next Generation Loan helps you build the permanent home that makes that possible, so the organisation you’ve built is ready for whoever comes next.
Next Generation loan rates and terms
*Maximum loan-to-value of 80%. Excludes investment property. No early repayment fees or penalties.
Information correct at time of publication, July 2026.
A Long-Term Partnership
Buying property brings complexity. Our role is to provide finance that reflects that reality, combining flexibility with a clear focus on long-term sustainability. Your relationship manager works alongside you from the first conversation, making sure your investment meets today’s needs and tomorrow’s ambitions.
With more than 2,000 community organisations supported since 1996 and active loans in all 26 counties, we understand what it takes to turn a property purchase into a community asset.
The Next Generation Loan and the Dynamic Funding Model
The most resilient community organisations draw on four pillars of funding: grant aid, impact lending, philanthropy and earned income. Each plays its part at a different stage.
Subject to credit assessment and valuation, the Next Generation Loan may provide up to 80% of a property’s value. The remaining balance must be funded through your organisation’s own resources or other eligible sources, such as reserves, capital grants, fundraising or philanthropic support.
Once you own the asset, income generated through rent, room and facility hire, services or trading can help repay the loan and support your organisation’s long-term sustainability.
This is how sustainable community projects are built. View More
FAQs
The Next Generation Loan is a long-term loan that helps established community organisations and social enterprises in Ireland buy land, buildings or infrastructure. You can borrow up to €800,000 at 5.70% variable over up to 15 years.
Established community organisations and social enterprises with a proven track record, typically operating for more than three years, that want to buy property for community use.
Up to €800,000, with a maximum loan-to-value of 80%. This means the loan can cover up to 80% of the property’s value. The balance comes from your own resources, grants, fundraising or philanthropy.
The Next Generation Loan is for property your organisation will use to deliver its community purpose. It isn’t available for property bought purely as an investment.
No. The loan is secured on the land or building being purchased, and no personal guarantees are required.
Yes. There are no early repayment fees or penalties.
If you’ve been operating for less than three years, our Acorn Loan, Term Loan and Bridging Loan may suit you better. Talk to us and we’ll help you find the right fit.
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About Clann Credo
We’re Clann Credo. Leaders in impact lending in Ireland. Driven to accelerate positive impact across every community. Clann Credo provides fair and flexible impact lending and makes it accessible and easy for every community. Since 1996, we have provided over €218 million in loan finance to more than 2,000 community and voluntary organisations across Ireland. Clann Credo – leading a new pathway for community impact in Ireland since 1996.
Clann Credo – Community Loan Finance is a company limited by guarantee. CRO No: 253147 | Registered with the Charities Regulator, No: 20041076 | CHY No: 13308.
