What
can co-ops use the loan for?
Expansion
and relocation. NCDF has helped many cooperatives
successfully expand and relocate.
Working
capital. NCDF provides flexible loan terms
and lines of credit to fit your needs.
Rehab
and replacement. If you own the building where
your co-op is located, or if you are a member of a housing
co-op that needs funding for rehab or other capital
improvements, you've come to the right place! NCDF can
put a financing package together that fits your needs.
Equipment. Need a freezer to expand your frozen foods section?
Want to convert your delivery truck to biodiesel? Maybe
a new computer system would help your business gain
efficient? NCDF can help.
Other
needs. We're happy
to work with you if your financing needs don't fit into
any particular category. Cooperatives have often thought
of new and innovative approaches to doing business,
and NCDF supports your creative approach through flexible
financing.
* Minnesota,
Wisconsin, North Dakota, South Dakota, Iowa, Nebraska,
Kansas, Michigan, Illinois, Montana and Indiana. Petitions
from cooperatives in other states are considered by
the NCDF board on a case-by-case basis.
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