The cooperative - CERO which stands for Cooperative Energy Recycling and Organics - helps local restaurants and other area businesses save money and improve the environment by helping them sort a substantial amount of their waste, and then partnering with CERO to collect and sell it. CERO is zero in Spanish - meaning zero waste. Loan for start-up funding.
To help the cooperative ecosystem weather the Covid-19 crisis, Cooperative Fund of New England launched a $1M Emergency Cooperative Enterprise Relief Loan Fund. The Fund is for cooperatives in New England and parts of New York State who are seeing a dramatic loss of customers and revenue as a result of the COVID-19 pandemic. We also offered a 60-day suspension of payments to our borrowers that were at highest risk and greatest need. If your co-op is struggling as a result of the pandemic, please reach out to us.
As a 100% remote workplace, we are fully operational and remain available to assist with your financing, investing, and business technical assistance needs.
Cooperative Fund of New England
We work for economic, social, and racial justice by advancing community based, cooperative, and democratically owned or managed enterprises with a preference to assisting cooperatives in low-income communities by:
- Providing financial products at reasonable rates
- Developing business skills
- Offering an investment opportunity that promotes socially conscious enterprise
A socially responsible lending organization and investment option.
Supporting Coops since 1975