CFNE Products
CFNE offers a range of loan products for cooperatives, nonprofits serving basic human needs, employee owned businesses, and co-housing developments and community land trusts.
Acceptable Uses:
- working capital
- inventory purchase
- business expansion
- plant & equipment
- cash flow needs
- property acquisition
- site development and building improvement/rehab
Amounts: Up to $1,500,000
Loan: Secured Loan, Promissory Note
Term: Negotiable – generally 5-7 years
Rate: Negotiable – average is 5-7%
