LTA: Quick Access Loan Scheme

The LTA’s Quick Access Loan Scheme aims to provide interest-free loans to support venues' investment in facilities.

Title of funding stream: Quick Access Loan Scheme

Funder name: LTA

£ available / range: £25,000

Closing date if applicable: Ongoing
 

Key Points:

The LTA’s Quick Access Loan Scheme aims to provide interest-free loans to support venues' investment in facilities, prioritising the installation and construction of covered courts.

Fund objectives:

  • Provide covered or floodlit playing facilities to encourage community-accessible play all year
  • Retain and increase the number of participants at the venue
  • Offer and increase both non-members' pay and play usage and coaching opportunities
  • Grow the numbers of adults and juniors on the coaching programme
  • Provide seamless booking of tennis courts and lessons through an online booking system

Key facts:

  • Interest-free loan
  • Open all year round with no submission deadlines
  • Decision made within 6 weeks of full application
  • Venues must be LTA-registered upon project completion
  • There must be an adequate security of tenure at the venue, with the applicant legally able to borrow money
  • Online booking for courts and programmes is a requirement, through our online booking system
  • Venues will need to develop a satisfactory sustainability action plan
  • Venues will need to have in place an adequate sinking fund
  • Venues must be properly constituted, not for profit, inclusive and accessible (the LTA Tennis Foundation is unable to fund companies limited by shares)

 

Full details

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Get in touch…

If you have a generic question please email the Herts Sport & Physical Activity Partnership team: hspinfo@herts.ac.uk