Invest in CFNE
Why Invest in CFNE?
Since 1975, the Cooperative Fund of New England has provided over $26 million in crucial, affordable financing to cooperatives and nonprofits across New England and eastern New York State. Not only have these funds created and retained thousands of jobs and housing units, often in underserved communities, but they have strengthened the user-owned, green cooperative economy.
New England has a strong and growing cooperative economy. As of 2009 this region's almost 900 co-ops:
- employed over 9,000 people,
- paid annual wages of over $559 million,
- generated revenues of over $6.7 billion.
But many of these co-ops struggle to access credit needed to start-up new co-ops and expand existing ones. As the only financial institution dedicated to growing the region’s cooperative economy, CFNE fills an important niche in attempts to humanize the economy.
We rely on community support to make this happen. The vast majority of our loan pool comes from individuals, cooperatives and community and religious organizations. If you have at least $1,000 available to lend to CFNE for a period of at least one year, consider making that investment in cooperative development. You choose the interest rate, from 0-2%, and whether we repay the loan at a fixed point in time or upon your notification. If you are a cooperative considering lending to CFNE, see our Invest in Co-ops page. For any individual or institution considering lending, please click on our Investment Terms link to the left and call our office (1-800-818-7833) to request a password to the prospectus and discuss if this type of loan is right for your risk tolerance and financial situation. Click here for Prospectus.
In short, by lending to CFNE, you can:
- Put your resources to work helping people help themselves through co-operation.
- Receive a return on investment without compromising your values.
- Reduce risk through diversification of investment across many projects.
- Build the co-operative economy across all co-op sectors and industries.
Additionally, CFNE welcomes donations. We run our operation on the margin of our loans - the difference between the interest we owe investors and the interest we earn from borrowers. Because of that, your donations serve either as permanent capital in the fund, which we can leverage to borrow more funds, or to expand our lending and technical assistance program. To make a donation, click on the Donate button in the top right hand corner of your screen.
|CFNE Prospectus 2012 for website need password.pdf||263.55 KB|