Debentures 

Internal fund raising through members' debentures.

Substantial capital sums can often be raised from a club's own membership, by issuing bonds secured on the club's assets.  The RYA is not authorised by the Financial Services Authority to provide financial advice, therefore clubs considering raising capital will need to take independent legal financial advice on the legal principles involved and indeed the form of loan document itself.

If you require further assistance please do not hesitate to contact the Legal Team Tel: 0844 5569519 Email: legal@rya.org.uk.