Cooperative Fund of the Northeast

We work for economic, social, and racial justice by advancing community based, cooperative, and democratically owned or managed enterprises with a preference to assisting cooperatives in low-income communities by:

  • Providing financial products at reasonable rates
  • Developing business skills
  • Offering an investment opportunity that promotes socially conscious enterprise

Community Economic Development Fund (CEDF) - Women and Minority Loan Guarantee Program

Special loan guarantee in conjunction to help women- and minority-owned businesses obtain flexible financing. This program is for start-up businesses as well as existing businesses planning to expand. CEDF provides the loan and the Department of Economic and Community Development provides up to a 30% guarantee

Community Economic Development Fund (CEDF)

CEDF is a nonprofit community lender and a U.S. Treasury-certified Community Development Financial Institution. In order to provide business support services and financing at reduced or no cost, we must maintain philanthropic funding from government, corporate and charitable sources. This requires we measure and demonstrate the impact of our mission, so we ask our program recipients to provide personal and business information required. We share your information only in aggregate from unless required by the U.S.

Capital for Change (C4C) – Business

 

***Currently, our SMALL BUSINESS LOAN products are on hold. This hold does not impact our nonprofit lending products.


Established small businesses and community-based organizations can qualify for loans ranging from $50,000 to $200,000 for working capital, fixed-asset acquisition, and financing of commercial real estate and leasehold improvements. C4C has some targeted programs for small businesses as well. Please call for more information.