Currently, SCP is not actively looking for small or medium size businesses to invest in. Notwithstanding this, we have from time-to-time considered facilitating financing where the social return on investment was exceptionally compelling. It's not that we don't applaud the efforts and initiatives of entrepreneurs who want to incorporate a social mission into their operations, it's that these deals tend to be labour intensive and do not represent the most efficient use of SCP's time and resources.
In the exceptional case where financing may be provided, the maximum amount loaned would be $300,000 but the actual amount would vary depending upon the needs of the business and the number of employees that will be hired through community programs that help those facing employment barriers.
Typically, these loans would be amortized five years with monthly interest plus principal payments. Interest rates are competitive and adjusted for financial risk, but also tied directly to the number of social hires employed. All loans are conditional upon and are the provision of a personal guarantee, good credit history and an agreement to provide ongoing monthly financial and social hiring reports to SCP.