The Worker Ownership Loan Fund is a program of Shared Capital Cooperative. Created in 2007 in collaboration with the US Federation of Worker Cooperatives, WOLF provides financing to worker-owned co-ops to create democratic jobs, especially in low-income communities.
Who can access the Worker Ownership Loan Fund?
- Worker-owned cooperatives and groups operating on a cooperative basis
- To borrow, a co-op must become a member of Shared Capital
What can loans from the Worker Ownership Loan Fund be used for?
Loans of $5000 to $550,000 are available for:
- Expansions and Relocations
- Leasehold Improvements
- Working Capital
Interested in expanding or starting a worker-owned business or selling an existing business to the employees? Contact Mark Fick to learn more.