COVID-19 Co-op Emergency Fund & Resources

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. 

Click here for a compilation of resources to support co-op resiliency.

 

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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.

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