The Co-operative Loan Fund

Monday, December 06th, 2010 | Posted in : |

The Co-operative Loan Fund 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 and £75,000 of loan finance to:
• Set up a new enterprise
• Expand an existing enterprise
• Assist employee buyouts or company successions
• Purchase a property or business
• Purchase capital equipment or create working capital.
• The Co-operative Loan Fund is
funded by consumer co‑operatives, The Co‑operative Group, Midcounties Co-operative, East of England, Co‑operative Society and Chelmsford Star Co-operative Society, together with the Co‑operative Bank and Co‑operative Insurance Society. It is overseen by a board of directors who represent each of the funders.
The fund is managed by Co‑operative & Community Finance, which is authorised and regulated by the Financial Services Authority (FSA) in the conduct of investment business. If you would like further information about The Co‑operative Loan
Fund, or to apply please go to http://www.co-operativeloanfund.co.uk  to download and print an application form, or contact the fund managers, Co-operative & Community Finance, on 01179 166 750.

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