Loans
Who borrows from the Cooperative Fund of New England (CFNE)? Below is a chart depicting the mix of borrowers as of 12/31/09.
Loans can be used for working capital, to help a borrower with predevelopmennt costs, to expand, to buy or construct a building, to purchase equipment or to relocate. Loans can be in the form of a line of credit, term loan, or a hybrid of the both.
Since its inception in 1975 CFNE has made almost $20 million in loans to 500 borrowers all over New England and Eastern New York. Loans made to CFNE Borrowers have resulted in the creation or retention of over 6500 jobs and 3600 units of housing.
"CFNE helps borrowers become more financially literate. It is one of our social and financial impacts. It goes far beyond learning how to get a loan; it's about self-confidence and understanding how money moves through society and of course if it's a co-op its about ownership of a business."
Click here for a link to Cooperative Fund Brochure
Click here for a link to Cooperative Fund loan application form
Additional Information for loan applicants is available in the "Information for loan applicants" brochure.
| Attachment | Size |
|---|---|
| CFNE_Brochure_2007.pdf | 2.11 MB |
| Application Form.doc | 145 KB |
| INFO loan applicants.pdf | 36.81 KB |
Success Stories
Click the following links to read about some of our borrowers' and donors' success stories
- Burlington Cohousing
- Collective Copies
- Deep Root Organic Farmers Co-op
- Hamden Hampshire Housing Partnership (HAP)
- Handwork
- Massachusetts Woodlands Cooperative
- Oak Street Housing Co-op
- Pelham Auto
- Red Sun Press
- South Royalton Food Co-op
- Willimantic Food Co-op
- Cabot Creamery Cooperative: CFNE donor
- Episcopal Diocese of Connecticut: CFNE investor
- Equal Exchange: Coop Capital Fund investor
Support our Borrowers
Here are links to some of CFNE's borrowers. We encouraging you to support the borrowers of CFNE with your business.
Search for places to obtain chocolate, coffee, wood flooring, building materials, car repairs, printers, website designers, food stores, housing, or a variety of services and products.
Cooperatives Contribute to a Sustainable Economy..to read more click here.
Use our site search to find and support cooperatives.
Find a food co-op in your area or when you travel in our Community Food Co-op brochure.
Website links are posted to our Past and Present Borrowers.
| Attachment | Size |
|---|---|
| cfne.cdi_.statistics.08.pdf | 511.52 KB |
| food co-op 2010.pdf | 199.18 KB |