Provider: Co-opertive and community finance

Grant Value: 10k to 150k

Status: Open

Summary: They invest in enterprises that they believe are likely to be economically viable. Each enterprise must be able to demonstrate the ability to pay interest and repay the capital on any agreed loan finance. They can arrange flexible loan packages to suit different situations. They believe that successful lending requires more than just sympathetic finance. They offer ongoing support to our borrowers throughout the term of the loan as part of the funding package

Who can apply?

• organisations that are owned and democratically controlled by their members, who are usually either employees, customers or members of a community
• lending to employee or community-owned enterprises, including co-operatives, community businesses, development trusts and businesses developed from the charitable and voluntary sector

What will it fund? e.g

• Worker co-operatives
• Housing co-operatives
• Community Businesses of all shapes and sizes
• Employee-owned businesses
• Social enterprises and charities with democratic control.