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Recent Borrowers

We are proud to have supported over 1,000 cooperative projects in our 45-year history. Here is a look at some of the recent cooperatives we've partnered with to build economic democracy.

Slow Bloom Coffee Cooperative

Riverside, CA

to purchase a roaster and related equipment to roast and sell their own coffee at this worker owned, union coffee shop

Students Cooperative

Minneapolis, MN

to a housing co-op to renovate 32 units of student housing

Flora Cooperative

Milwaukee, WI

in working capital for worker cooperative construction and print shop

Nick's Pizza

Oakland, CA

to employees to convert pizza shop to a worker cooperative

Flora Cooperative

Milwaukee, WI

to expand printing capabilities and a new delivery vehicle for a worker co-op

Ignite Business Women Investment Group

Brooklyn Center, MN

to purchase a shopping center by a Black and immigrant women tenant cooperative

Seward Community Co-op

Minneapolis, MN

to revitalize and renovate a 50 year old food co-op

Jumpstart Housing Cooperative

Chicago, IL

to start a housing co-op for formerly incarcerated women

The Improve Group

Saint Paul, MN

to employees to convert consulting business to a worker cooperative

City Terrace House

Los Angeles, CA

to a new housing co-op to build two more housing units

Emma Goldman Cooperative

Chicago, IL

to a predominantly Latinx housing co-op to update utility spaces

Food Conspiracy Co-op

Tuscon, AZ

to renovate consumer co-op's store access, parking and community spaces.

162-45th Street Jackson Heights

Queens, NY

to preserve and improve 10 units of cooperative housing

Broken Clock Brewing Cooperative

Minneapolis, MN

to consumer co-op brewery to renovate and accommodate growing demand

Five Point Holistic Health

Chicago, IL

to the worker owned community clinic for their new location

United States Federation of Worker Cooperatives

Philadelphia, PA

in working capital for national apex worker cooperative association

Maximum Fun

Los Angeles, CA

to employees to purchase the business from the selling owner and working capital. An Accelerate Employee Ownership deal with Project Equity.

Chicago Market – A Community Co-op

Chicago, IL

bridge loan to a start-up food co-op in the Uptown neighborhood of Chicago

Rock Ridge Community Cooperative

Dodgeville, WI

to a housing cooperative formed in 1980 to refinance their current mortgage and capital improvements to the farmhouse, their most recently purchased dwelling

House of Wands

Richmond, VA

for equipment and working capital for the start-up Queer Femme tattoo co-op

Dojo4

Boulder, CO

to add cash flow for a worker co-op technology company

Zapata Cooperative

Madison, WI

to finance construction of a new affordable housing co-op

Washington Hmong Farmers Cooperative

Snohomish, WA

to finance equipment and working capital expanding the market for a producer co-op

Oxbow Design Build Cooperative

Easthampton, MA

in working capital for design and construction worker co-op

Open Harvest Food Co-op

Lincoln, NE

(together with a second CDFI) for relocation and renovation for 50-year old consumer cooperative grocery store

New York City Network of Worker Cooperatives

New York City, NY

working capital bridge loan for regional worker co-op association

Mumble Media, Inc.

San Francisco, CA

in working capital for a full-service audio production worker co-op

Meerkat Media

Brooklyn, NY

to support rebranding for a worker co-op media company

Groupmuse

Wilmington, DE

to build capacity for worker cooperative for musicians and community arts

Get It Right Educators Cooperative

Madison, WI

bridge loan for a worker cooperative, tuition-free school

Ammel Park Cooperative Homes

San Francisco, CA

for capital improvements for a 120 units of housing, including 95 Section 8 units

Urban Homesteading Assistance Board for 272 E 7th Street Housing Co-op

New York, NY

to finance repairs and maintenance for affordable housing cooperative

Kava Cooperative

Largo, FL

to finance start up of café

Underground Self Defense

Madison, WI

to finance equipment and rebranding for a longtime martial arts co-op

Empower Electric Bikes, Inc

Bellingham, WA

finance the conversion of electric bike shop to a worker cooperative

California Solar Electric Company

Grass Valley, CA

to support COVID recovery and adaptation

Proof Bakery

Los Angeles, CA

to support COVID recovery and adaptation

Alternative Technologies Cooperative

Berkeley, CA

to support COVID recovery and adaptation

Happy Earth Cleaning Cooperative

Minneapolis, MN

to support COVID recovery and adaptation

Federation of Southern Cooperatives/LAF

Epes, AL

operating line of credit to federation advancing Black farmers and landowners in the South

Broken Clock Brewing Cooperative

Minneapolis, MN

for the consumer-owned cooperative brewery to expand production and relocate it production facility and tap room

Organic Integrity Cooperative Guild

Poulsbo, WA

line of credit to support the formation of the first worker-owned cooperative of professional organic inspectors and consultants

Gimme! Coffee

Ithaca, NY

to finance the purchase by the employees of the specialty roaster and coffee shop business

Alternative Technologies Cooperative

Berkeley, CA

for the employees to buy this IT infrastructure provider serving nonprofits, resulting in 37 new worker-owners

Diverge Finance

Roseville, MN

line of credit to the employee-owned cooperative financial services provider serving nonprofits and BIPOC-owned businesses to allow them to expand their service and product offerings

Cooperative Energy Futures

Minneapolis, MN

for a new community solar project in Minnesota that will enable 180 homes to offset their full electricity costs through solar

Little Genius Daycare Center

Chapel Hill, NC

to finance startup working capital for a worker owned Spanish immersion daycare

Slow Bloom Coffee Cooperative

Redlands, CA

to finance start up working capital and buildout of worker owned, union coffee shop

Heartsong Homecare Cooperative

Oak Harbor, WA

to finance startup of a homecare worker cooperative

Extra Extra Pizza

Buffalo, NY

to finance buildout and equipment for startup worker owned pizza restaurant

Flat Iron Co-op

Bellows Falls, VT

to finance leasehold improvements and equipment for café reopening as a co-op

Big Duck Studios

Brooklyn, NY

to finance purchase of marketing agency for conversion to worker ownership

Fancy Tiger Crafts

Denver, CO

to finance purchase of craft store for conversion to worker ownership

BisMan Community Food Cooperative

Bismark, ND

emergency loan for community food cooperative

Blue Tin Production

Chicago, IL

to finance real estate purchase for worker owned textile production cooperative

Gray Owl Collective

Norman, OK

to finance purchase of coffee shop for conversion to a worker cooperative

Pachamama Coffee Cooperative

Sacramento, CA

to finance roastery expansion of producer owned coffee cooperative

Pattycake Bakery

Columbus, OH

to finance real estate purchase for worker cooperative bakery

Pecan Milk Cooperative

Atlanta, GA

equity investment in worker owned pecan milk cooperative

Proof Bakery

Los Angeles, CA

to finance purchase of bakery for conversion to worker ownership

PIHCO – Pilsen Housing Cooperative

Chicago, IL

for capital improvements for a 6 unit, mixed-income housing co-op

The Co-op Funeral Home of People's Memorial

Seattle, WA

in working capital to finance relocation for a funeral home

Central Co-op

Seattle and Tacoma, WA

in working capital for the stabilization of a new grocery co-op

Capital Homecare Cooperative

Olympia, WA

for a COVID emergency loan to a home care worker co-op

Community Co-op Market

Tallahasssee, FL

for equipment and leasehold improvements for a food co-op

Federation of Southern Cooperatives

Epes, AL

in additional line of credit to association of Black farmers, land owners and co-ops

Happy Earth Cleaning Cooperative

Minneapolis, MN

in COVID emergency loan to support a recent conversion to a worker co-op

Hasta Muerte Coffee Cooperative

Oakland, CA

in COVID emergency loan to a worker co-op coffee shop

Park Cooperative Apartments

Minneapolis, MN

for rehab and improvements in 13-unit affordable housing co-op

Snow River Custom Wood Cooperative

Crandon, WI

to finance employee purchase of unionized, specialty wood manufacturing business

35 Crown Street HDFC

Brooklyn, NY

to finance a housing cooperative

ChiFresh

Chicago, IL

to a food service worker co-op to buy a building

Cityview Housing Cooperative

Minneapolis, MN

for renovations to a 31-unit housing cooperative

The Drivers Cooperative

New York, NY

to a start-up ride-share worker co-op

Quilt Shop Co-op

Minneapolis, MN

to relaunch a quilt shop as a consumer cooperative

Union Cab of Madison Cooperative

Madison, WI

to support a worker cooperative taxi company

Community Co+op Market

Tallahassee, FL

for equipment and leasehold improvements to preserve and restructure a community-based cooperative grocery

Happy Earth Cleaning Cooperative

Minneapolis, MN

for the employee purchase and conversion of an eco-friendly residential cleaning company

Oxbow Design Build Cooperative

Easthampton, MA

for employee purchase and conversion of architectural and design firm

Works Progress Cooperative

Seattle, WA

to finance relocation and leasehold improvements for a consumer owned coworking space

Seattle Wholesale Growers Market Cooperative

Seattle, WA

for seasonal line of credit for co-op owned by sustainable, local flower growers

3701 Grand Ave Associates

Minneapolis, MN

in capital improvements to 10 unit housing cooperative

Adams & Chittenden Scientific Glass Cooperative

Berkeley, CA

to an Accelerate Employee Ownership conversion of scientific glass manufacturing company to worker cooperative

California Solar Workers Cooperative

Grass Valley, CA

to an Accelerate Employee Ownership conversion of solar installation company to worker cooperative

Rockman et al Cooperative

San Francisco, CA

to a conversion of evaluation and research consulting firm to worker cooperative

Working Systems Cooperative

Olympia, WA

for a conversion of labor union and a line of credit to a software IT company to worker cooperative

Cooperative Home Care Associates

Bronx, NY

in working capital loan to worker owned home care provider

East Aurora Cooperative Market

East Aurora, NY

to refinance of existing debt for consumer owned grocery cooperative

Federation of Southern Cooperatives Land Assistance Fund

Southeastern United States

line of credit for association of African American and family farm cooperatives

Marquette Brewing Cooperative

Marquette, MI

in financing for start‐up consumer owned brewery

Mutual Aid Twin Cities Housing Cooperative

Minneapolis, MN

in mortgage financing for start‐up, 5‐person, affordable housing cooperative

Outskirts Vintage

Chicago, IL

in a conversion of vintage clothing store to a worker cooperative

Regeneration Farms

Northfield, MN

in an equipment loan for start‐up multi‐stakeholder, free range poultry enterprise

Seattle Wholesale Growers Market

Seattle, WA

in a line of credit and financing for expansion for producer owned wholesalr market of sustainable flower growers in Washington

The Nokoma

Minneapolis, MN

to the affordable housing co-ops for rehab and improvements

Natural Fibers Producers

Sandpoint, ID

for working capital for a producer co-op serving U.S. fibers

Meerkat Media

Brooklyn, NY

for relocation of the film and media collective

Cooperative Care

Wautoma, WI

for the worker owned home care co-op serving rural communities

CoMetrics

Boston, MA

for working capital

Democracy Brewing

Boston, MA

for working capital for a start-up worker cooperative

Cooperative Energy Futures

Minneapolis, MN

for community solar projects

Renaissance Community Cooperative

Greensboro, NC

for startup food financing

eQuality Homecare

New Braunfels, TX

for worker owned home care

Federation of Southern Cooperatives / Land Assistance Fund

Epes, AL

working capital line of credit to association of black farmer cooperatives

Peace Coffee

Minneapolis, MN

to buy green coffee from co-ops

Natural Harvest Food Co-op

Virginia, MN

for expansion and relocation

Lots in Common

Chicago, IL

to purchase additional house

Doylestown Cooperative

Doylestown, PA

for buying club

Ridge Side Cooperative

Madison, WI

for housing co-op improvements

Good Earth Food Cooperative

St. Cloud, MN

for store improvements

Walnut Street Cooperative

Eugene, OR

for housing co-op refinance

Electric Violin Shop

Durham, NC

to convert to worker ownership

New Wine Commune Cooperative

Madison, WI

for housing improvements

East Aurora Cooperative Market

East Aurora, NY

startup financing

BisMan Community Food Cooperative

Bismarck, ND

startup financing

Seattle Wholesale Growers Market

Seattle, WA

working capital loan for farmer-owned flower market

Sustainergy Cooperative

Cincinnati, OH

to worker-owned residential contractor for van and equipment

Park Cooperative Apartments

Minneapolis, MN

for improvements to housing co-op

Hub City Co-op

Spartanburg, SC

startup financing for grocery co-op

Clifton Cooperative Market

Cincinnati, OH

in startup financing for grocery co-op

The Co-op Natural Foods

Sioux Falls, SD

for equipment and remodeling

Horizontal Housing Co.

Baltimore, MD

to purchase and rehab home

Firestorm Café & Books

Asheville, NC

to worker co-op for new location

Northwind Natural Foods Co-op

Ironwood, MI

for equipment and improvements

Black Star Co-op Pub & Brewery

Austin, TX

for point-of-sale system and patio canopy

Omega One Ltd.

Minneapolis, MN

to housing co-op for renovations

Hendersonville Community Co-op

Hendersonville, NC

for food co-op relocation; shared with NCIF and LEAF

NASCO Properties

Athens, OH

to refinance home and purchase another leased to student housing co-op

Sugar Beet Food Co-op

Oak Park, IL

startup financing