Funders

FUNDERS

CO-OP FUNDERS
WORKING WORLD
http://www.theworkingworld.org/us/
USA: 228 Park Ave S # 27395 / New York, NY – 10003 /
Tel: +1-646-257-4144
HEARTLAND CAPITAL STRATEGIES
Tom Croft, Managing Director
c/o Steel Valley Authority
1112 South Braddock Avenue,Suite 300
Swissvale, PA 15218
phone: 412-342-0534 fax: 412-342-0538
email: t.w.croft at steelvalley.org|heartland@steelvalley.org
CUTTING EDGE CAPITAL
436 14th Street, Suite 1120
Oakland, CA 94612
info@cuttingedgecapital.com
(510) 834-4530
http://www.cuttingedgecapital.com/
POTENTIAL SOURCES OF [[#|GRANTS]], INVESTMENTS, AND LOANS
FOR COOPERATIVE BUSINESSES
Compiled by Mary HoyerSOURCES OF EQUITY
1- Membership fees are an important source of income for cooperatives. Membership fees that are too high for members to pay all at once may be subsidized by a Co-op Fund of NE loan. Member fees that come in prior to operations should be put in an [[#|escrow account]] until all funds are committed and available.
2- Donations (from family friends, community)
3- Event fundraising
4- Grants

www.early childhoodfinance.org

5- On line funders

  • LikeMinded
  • Kickstarter
  • FundRazr
  • Chipin

6- Business profits when available

SOURCES OF EQUITY-LIKE CAPITAL
1- Preferred stock purchased by family, friends, community institutions.
2- Subordinated loans from members, family, friends, community institutions.
3- Cooperative Capital Fund www.cooperativefund.org New England and adjacent portions of New York State only

SOURCES OF LOANS AND [[#|LINES OF CREDIT]]
1- Community Loan Funds

2- Banks

  • Your local banks (often will lend only if the co-op has established a track record with a community lender, but it doesn’t hurt to try)
  • Amalgamated Bank Washington, DC 202-293-9800
  • CoBank www.cobank.com
  • National Cooperative Bank www.ncb.com

3- Government

  • Your local government
  • Your regional government
  • The federal government– USDA Cooperative Development Division Washington, DC 202-690-2434

4- Sellers (occasionally, a building seller will extend credit to the purchaser much like a bank will)

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