Beacon Laundry Impact Loan

Beacon Laundry: a Planet and People-first Laundry

LIVE LOAN STATUS

$15,500

Amount Committed (USD)

6

Lenders

5%

Of Target

Beacon Laundry: a Planet and People-first Laundry

Beacon Laundry is a social enterprise commercial laundry focusing on creating employment opportunities for disadvantaged job seekers in Northern New South Wales. Launched in January 2024, Beacon employs over 50 people at any one time to service Byron Bay’s hotel industry. The loan will enable the laundry to become the first and most environmentally sustainable laundry in Australia by covering the cost of a full solar panel installation, a heat exchanger and an upgraded water collection system.

300K

Loan Amount (AUD)

$500

Minimum Buy-In

36 months

Loan Term

8%

Interest Rate (pa/simple)

Ready to become a lender?

In order to participate in this loan you must complete our lender onboarding form below. Once you’ve been onboarded, feel free to contact us at [email protected] with an expression of interest for this loan and we’ll take care of the rest.