Join as a Co-op
There are currently over 140 member co-ops of NCDF. Consumer, producer,
housing, or worker cooperatives can become NCDF members by purchasing equity
in NCDF, with the equity amount determined by the business's
assets (see table below). A cooperative member may apply for
a loan from the Fund for any business purpose, including capital
improvement, equipment purchase or lease, inventory, working
capital, and expansion or relocation. In order to borrow from
or invest money in NCDF, a cooperative must be a member of
the Fund.
up to $50,000 |
up to $100,000 |
up to $200,000 |
up to $500,000 |
up to $1,000,000 |
over $1,000,000 |
$150 |
$300 |
$600 |
$1,000 |
$2,000 |
$3,000 |
Equity for housing
co-ops is based on the number of units rather than asset value.
The base amount is $10 per unit, with a minimum $150 and maximum
of $3,000. Click here for an application.
|
Join as an Individual
Any individual can become
a member of NCDF by purchasing a $10 equity share in the Fund. Click here for an application.
Any individual member who wishes to "invest in cooperation" can do so by lending money to the Fund.
Individuals may also borrow from the Fund in order to finance the purchase of a
share in a cooperative, such as a housing or producer cooperative. |
