Funding:
The Co-operative Loan Fund
The Co-operative Loan Fund aims to strengthen the size and scope of the co-operative sector through the provision of ethical, accessible loan finance.
It exclusively lends to co-ops, and is entirely funded and run by co-ops, so unlike many conventional lenders it truly understands and actively supports democratically owned and controlled enterprises.
It also reinvests its surpluses to continue its support.
Loan applications are welcome from new and existing co-operatives that need between £5,000 - £75,000 of loan finance to:
- Set up as a new co-operative
- Expand their size and scope
- Assist an employee buyout or company succession
- Purchase a property or business
- Purchase capital equipment or create working capital
For more information please go to the Co-operative Loan Fund website
Posted 13th January