The association loan pool
If your association is facing an urgent challenge, the Association Loan Pool can be applied for.
The loan is usually an interest-free, municipal loan, which is repaid over the following years - and max. Ten years. The size of the loan depends on the size of the pool.
- For what purposes can we borrow money from the Association Loan Pool?
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Loans can be granted for the following purposes:
- For furnishing associations' owned premises / buildings / outdoor facilities
- For furnishing municipally owned premises / buildings / outdoor facilities
- For the purchase / repair of equipment used in connection with the association's activity
- How do we apply for funds from the Association Loan Fund?
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Procedure for obtaining interest-free loans:
- The association submits an application to Culture and Leisure, Sønderborg Municipality.
- The application deadline is May 1.
- The application must contain information about what the loan is intended to be used for.
- The application must contain an overview of the total cost incl. VAT.
- The application must contain information on current quota rates.
- The last completed accounts and budget for the coming year must be submitted.
- It must be stated which initiatives the association has shown to raise funds - possibly. from foundations and lucrative business.
- If an interest-free loan is granted, the association receives a letter of indebtedness or mortgage on the loan.
- What assumptions are included in the assessment?
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Prerequisites to be included in the assessment:
- The composition of the association, ie. number of members under 25 years
- The association's activity and target group
- The association's income opportunities from the members as well as others than the association's own members
- Whether a renovation / new establishment of the association's used facilities will provide greater activity opportunities for the municipality's citizens
- Whether the activity / facility can contribute to the municipality being more attractive to settle in.
- Whether the association has shown initiative to raise more funds from outside - e.g. from foundations or through lucrative activities etc.
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Culture, Sports and Leisure
Rådhustorvet 10
6400 Sønderborg