Interest-free Loans

An update from the ECB regarding their Interest-Free Loans system for cricket clubs....

 

It was agreed that affiliated cricket clubs with a junior section would continue to be eligible to apply for an interest free loan of up to £50,000. 

 

It was agreed that affiliated cricket clubs without a junior section would be eligible to apply for an interest free loan of up to £20,000.

 

The decision was based on wanting to provide adult only cricket clubs the opportunity to improve their facilities and invest in their future but recognised that cricket clubs with a junior section offer greater sustainability to the game in the future.

 

The table below is included in the EWCT Interest Free Loan Scheme Guidance Note available at www.ecb.co.uk/loans.

 

Category

Amount of loan

Maximum Repayment Period

 

Cricket clubs with a junior section*

 

£1,000 -  £50,000

5 years

Cricket clubs without a junior section

 

£1,000 - £20,000

5 years

Other Organisations

Subject to application

 

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