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Customer Highlight – Lossiemouth FC raise the roof

When Lossiemouth FC Social Club got in touch with us at the beginning of December last year, they were worried that they had run out of options.

A promised bank loan to help them fix their leaky roof had fallen through and the water damage was rendering their beloved club unsafe. By Christmas Eve they were celebrating the fact that SIS had provided them a loan offer. Funds arrived in their account just a few weeks later and now the work is now underway to return the roof to its former glory.

Lossiemouth FC is the biggest club in the Highland League with a fantastic social club facility in Moray that attracts visitors from as far afield as Wick to Aberdeenshire. The Club is a real centre of the community and a hot spot for weddings, funerals, tribute nights and bingo sessions, alongside all the football activities that take place throughout the year. The Club actively tries to be as inclusive as possible, hosting events specifically for older, socially isolated people in the community and to encourage more women in participate in the sport.

They first discovered they had a leaky roof in May last year and were quoted a modest amount for the repairs. Given the club was established back in 1974 and have a relatively stable income they thought they should be able to get a bank loan without a problem. But after seemingly positive discussions with their bank earlier in the summer they found out in the autumn that as an unincorporated association they were not eligible for the bank to lend to.

Not sure who to turn to, the Lossiemouth Trust recommended they give SIS a call. As time marched on, the leak in the roof had gone from bad to worse creating other interior problems, including issues with the ceiling tiles and electrics and rendering the building unsafe to use. It also meant the bill for repairs went up.

At SIS we quickly understood the urgency of the matter and how crucial this local club was to the community. The voluntary trustees had solid evidence of trading activity and could demonstrate how they would be able to afford the loan repayments, so we were able to help.

We really appreciated the quick turnaround from Social Investment Scotland in light of our circumstances and are looking forward to getting our new roof and opening up the Club facilities fully again as soon as possible!

Alan McIntosh, Club Secretary

At £18,500, it wasn’t the biggest loan we’ve provided by any means but probably one of the most impactful…certainly for the folk of Lossiemouth. SIS offer loans from just £10,000 all the way up to £1.6M and not just for leaky roofs. To find out more about the small loans we offer get in touch with us today.