Funding and Finance

To finance its initial purchase of the Coin Street area in 1984, Coin Street Community Builders borrowed approximately £1 million from the Greater London Enterprise Board and the Greater London Council. It has subsequently repaid these loans and financed its developments by borrowing from banks and the Nationwide Building Society. Loans and interest must be repaid out of commercial income. Initially this was primarily from temporary uses of the land such as car parking, but CSCB subsequently developed a diverse range of income streams including commercial tenancies, venue hire, and fees.