Capital That Serves a Purpose … and Comes Back
Impact Debt
Impact debt is flexible capital for enterprises and projects doing the real work in our communities. It provides non-dilutive capital to organisations solving social and environmental problems, through loans structured to align with impact, not undermine it.
From housing to inclusive finance and community care, impact debt helps ideas scale with purpose, not pressure. It’s about fit - the right capital, at the right time, for the right purpose.
Predictable Returns, Measurable Impact
Impact debt behaves like traditional fixed income, but it comes with purpose you can actually point to. Investors receive regular repayments and steady cash flows, backed by real assets or enterprise performance. The returns are designed to be reliable, not exciting - which is exactly the point. With lower volatility and less correlation to public markets, it offers diversification with depth. And when the principal comes back? It gets redeployed, amplifying the reach of every dollar. This is capital that works harder over time, serving investors who want consistent performance and communities that need consistent investment.
Capital That Goes Where It’s Needed
Soul Capital’s impact debt gets loans to where they’re most needed; affordable and social housing, fair-credit retail lending, regenerative infrastructure. It’s not just about lending, it’s about enabling systems to function better. From social enterprises to clean energy initiatives and circular projects, this capital fuels outcomes that create value far beyond financial return. The terms are crafted with care via outcome triggers, revenue-based repayments, and grace periods to protect missions while supporting sustainable growth. It’s financing with context, and terms that flex to match the ambition of the borrower.
Built for the Middle Ground
Impact debt supports ventures that are too mature for grants but not quite ready, or right, for private capital. That includes housing providers, purpose-led infrastructure, place-based employment platforms, and social lenders. These organisations don’t want to sell their mission for scale, they want financing that lets them deepen it. Debt provides that middle-ground solution: growth capital without ownership dilution, strategic runway without mission drift. It’s structured for long-term change and built to support founders who know exactly what they’re building toward.
Designed for Accountability—and Relevance
Impact debt aligns with the frameworks that matter so investors get the ESG substance without the greenwash. Outcomes are tracked, reported, and verified with the same rigour applied to credit performance. And because many of these investments are grounded in local economies, they hold their value when the market doesn’t. The needs don’t disappear in downturns and neither does the impact.
The Bottom Line
Impact debt turns reliable capital into progress. It supports enterprises and projects that are solving hard problems without demanding ownership, drama, or compromise. For investors, it’s fixed income with flexibility and purpose. For communities, it’s capital that shows up, stays long enough to matter, and helps build what lasts.
Check-out our impact debt investments below for examples.
