Recent Borrowers

Slow Bloom Coffee Cooperative
Riverside, California
$100,000 to purchase a roaster and related equipment to roast and sell their own coffee at this worker owned, union coffee shop

Students Cooperative
Minneapolis, Minnesota
$1,473,000 to a housing co-op to renovate 32 units of student housing

Flora Cooperative
Milwaukee, Wisconsin
$20,000 in working capital for worker cooperative construction and print shop

Nick’s Pizza
Oakland, California
$350,000 to employees to convert pizza shop to a worker cooperative

Flora Cooperative
Milwaukee, Wisconsin
$60,000 to expand printing capabilities and a new delivery vehicle for a worker co-op

Ignite Business Women Investment Group
Brooklyn Center, Minnesota
$1,204,000 to purchase a shopping center by a Black and immigrant women tenant cooperative

Seward Community Co-op
Minneapolis, Minnesota
$1,034,000 to revitalize and renovate a 50 year old food co-op

Jumpstart Housing Cooperative
Chicago, Illinois
$510,000 to start a housing co-op for formerly incarcerated women

The Improve Group
Saint Paul, Minnesota
$450,000 to employees to convert consulting business to a worker cooperative

City Terrace House
Los Angeles, California
$250,000 to a new housing co-op to build two more housing units

Emma Goldman Cooperative
Chicago, Illinois
$30,000 to a predominantly Latinx housing co-op to update utility spaces

Food Conspiracy Co-op
Tuscon, Arizona
$1,000,000 to renovate consumer co-op’s store access, parking and community spaces.

162-45th Street Jackson Heights
Queens, New York
$111,000 to preserve and improve 10 units of cooperative housing

Broken Clock Brewing Cooperative
Minneapolis, Minnesota
$275,000 to consumer co-op brewery to renovate and accommodate growing demand

Five Point Holistic Health
Chicago, Illinois
$100,000 to the worker owned community clinic for their new location

United States Federation of Worker Cooperatives
Philadelphia, Pennsylvania
$40,000 in working capital for national apex worker cooperative association

Maximum Fun
Los Angeles, California
$1,500,000 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, Illinois
$800,000 bridge loan to a start-up food co-op in the Uptown neighborhood of Chicago

Rock Ridge Community Cooperative
Dodgeville, Wisconsin
$175,000 to a housing cooperative formed in 1980 to refinance their current mortgage and capital improvements to the farmhouse, their most recently purchased dwelling

Five Point Holistic Health
Chicago, Illinois
$100,000 to the worker owned community clinic for their new location

House of Wands
Richmond, Virginia
$10,000 for equipment and working capital for the start-up Queer Femme tattoo co-op

Rock Ridge Community
Dodgeville, Wisconsin
$175,000 to refinance a mortgage and add capital improvements for a 40 year old housing co-op

Dojo4
Boulder, Colorado
$100,000 to add cash flow for a worker co-op technology company

Zapata Cooperative
Madison, Wisconsin
$390,000 to finance construction of a new affordable housing co-op

Washington Hmong Farmers Cooperative
Snohomish, Washington
$150,000 to finance equipment and working capital expanding the market for a producer co-op

Oxbow Design Build Cooperative
Easthampton, Massachusetts
$250,000 in working capital for design and construction worker co-op

Open Harvest Food Co-op
Lincoln, Nebraska
$1,650,000 (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, New York
$100,000 working capital bridge loan for regional worker co-op association

Mumble Media, Inc.
San Francisco, California
$75,000 in working capital for a full-service audio production worker co-op

Meerkat Media
Brooklyn, New York
$25,000 to support rebranding for a worker co-op media company

Groupmuse
Wilmington, Delaware
$250,000 to build capacity for worker cooperative for musicians and community arts

Get It Right Educators Cooperative
Madison, Wisconsin
$100,000 bridge loan for a worker cooperative, tuition-free school

Ammel Park Cooperative Homes
San Francisco, California
$1,000,000 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, New York
$350,000 to finance repairs and maintenance for affordable housing cooperative

Kava Cooperative
Largo, Florida
$30,000 to finance start up of café

Underground Self Defense
Madison, Wisconsin
$10,000 to finance equipment and rebranding for a longtime martial arts co-op

Empower Electric Bikes, Inc
Bellingham, Washington
$683,000 finance the conversion of electric bike shop to a worker cooperative

California Solar Electric Company
Grass Valley, California
Allocation of special funds for a $35,000 forgivable loan to support COVID recovery and adaptation

Proof Bakery
Los Angeles , California
Allocation of special funds for a $35,000 forgivable loan to support COVID recovery and adaptation

Alternative Technologies Cooperative
Berkeley, California
Allocation of special funds for a $45,000 forgivable loan to support COVID recovery and adaptation

Happy Earth Cleaning Cooperative
Minneapolis, Minnesota
Allocation of special funds for a $45,000 forgivable loan to support COVID recovery and adaptation

Federation of Southern Cooperatives/LAF
Epes, Alabama
$1,000,000 operating line of credit to federation advancing Black farmers and landowners in the South

Broken Clock Brewing
 Cooperative
Minneapolis, Minnesota
$600,000 for the consumer-owned cooperative brewery to expand production and relocate it production facility and tap room

Organic Integrity Cooperative Guild
Poulsbo, Washington
$30,000 line of credit to support the formation of the first worker-owned cooperative of professional organic inspectors and consultants

Gimme! Coffee
Ithaca, New York
$690,000 to finance the purchase by the employees of the specialty roaster and coffee shop business

Alternative Technologies Cooperative
Berkeley, California
$600,000 for the employees to buy this IT infrastructure provider serving nonprofits, resulting in 37 new worker-owners

Diverge Finance
Roseville, Minnesota
$100,000 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, Minnesota
$100,000 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, North Carolina
$45,000 to finance startup working capital for a worker owned Spanish immersion daycare

Slow Bloom Coffee Cooperative
Redlands, California
$105,000 to finance start up working capital and buildout of worker owned, union coffee shop

Heartsong Homecare Cooperative
Oak Harbor, Washington
$21,200 to finance startup of a homecare worker cooperative

Extra Extra Pizza
Buffalo, New York
$130,000 to finance buildout and equipment for startup worker owned pizza restaurant

Flat Iron Co-op
Bellows Falls, Vermont
$20,000 to finance leasehold improvements and equipment for café reopening as a co-op

Big Duck Studios
Brooklyn, New York
$275,000 to finance purchase of marketing agency for conversion to worker ownership

Fancy Tiger Crafts
Denver, Colorado
$354,000 to finance purchase of craft store for conversion to worker ownership

BisMan Community Food Cooperative
Bismark, North Dakota
$75,000 emergency loan for community food cooperative

Blue Tin Production
Chicago, Illinois
$125,000 to finance real estate purchase for worker owned textile production cooperative

Gray Owl Collective
Norman, Oklahoma
$110,000 to finance purchase of coffee shop for conversion to a worker cooperative

Pachamama Coffee Cooperative
Sacramento, California
$225,000 to finance roastery expansion of producer owned coffee cooperative

Pattycake Bakery
Columbus, Ohio
$150,000 to finance real estate purchase for worker cooperative bakery

Pecan Milk Cooperative
Atlanta, Georgia
$10,000 equity investment in worker owned pecan milk cooperative

Proof Bakery
Los Angeles, California
$450,000 to finance purchase of bakery for conversion to worker ownership

PIHCO -Pilsen Housing Cooperative
Chicago, Illinois
$85,000 for capital improvements for a 6 unit, mixed-income housing co-op

The Co-op Funeral Home of People’s Memorial
Seattle, Washington
$80,000 in working capital to finance relocation for a funeral home

Central Co-op
Seattle and Tacoma, Washington
$100,000 in working capital for the stabilization of a new grocery co-op

Capital Homecare Cooperative
Olympia, Washington
$7,000 for a COVID emergency loan to a home care worker co-op

Community Co-op Market
Tallahasssee, Florida
$600,000 for equipment and leasehold improvements for a food co-op

Federation of Southern Cooperatives
Epes, Alabama
$500,000 in additional line of credit to association of Black farmers, land owners and co-ops

PIHCO -Pilsen Housing Cooperative
Chicago, Illinois
$85,000 for capital improvements for a 6 unit, mixed-income housing co-op

The Co-op Funeral Home of People’s Memorial
Seattle, Washington
$80,000 in working capital to finance relocation for a funeral home

Central Co-op
Seattle and Tacoma, Washington
$100,000 in working capital for the stabilization of a new grocery co-op

Capital Homecare Cooperative
Olympia, Washington
$7,000 for a COVID emergency loan to a home care worker co-op

Community Co-op Market
Tallahasssee, Florida
$600,000 for equipment and leasehold improvements for a food co-op

Federation of Southern Cooperatives
Epes, Alabama
$500,000 in additional line of credit to association of Black farmers, land owners and co-ops

Happy Earth Cleaning Cooperative
Minneapolis, Minnesota
$25,000 in COVID emergency loan to support a recent conversion to a worker co-op

Hasta Muerte Coffee Cooperative
Oakland, California
$10,000 in COVID emergency loan to a worker co-op coffee shop

Park Cooperative Apartments
Minneapolis, Minnesota
$50,000 for rehab and improvements in 13-unit affordable housing co-op

Snow River Custom Wood Cooperative
Crandon, Wisconsin
$650,000 to finance employee purchase of unionized, specialty wood manufacturing business

35 Crown Street HDFC
Brooklyn, New York
$425,000 to finance a housing cooperative

ChiFresh 
Chicago, Illinois
$350,000 to a food service worker co-op to buy a building

Cityview Housing Cooperative
Minneapolis, Minnesota
$675,000 for renovations to a 31-unit housing cooperative

Cooperative Energy Futures
Minneapolis, Minnesota
$100,000 for construction of a community solar garden

The Drivers Cooperative
New York, New York
$100,000 to a start-up ride-share worker co-op

Quilt Shop Co-op
Minneapolis, Minnesota
$50,000 to relaunch a quilt shop as a consumer cooperative

Union Cab of Madison Cooperative
Madison, Wisconsin
$100,000 to support a worker cooperative taxi company

Capital Homecare Cooperative
Olympia, Washington
$7,000 COVID emergency loan to worker-owned homecare cooperative

Community Co+op Market
Tallahassee, Florida
$600,000 for equipment and leasehold improvements to preserve and restructure a community-based cooperative grocery

Federation of Southern Cooperatives
Epes, Alabama
$500,000 in an additional line of credit to association of black farmers, landowners, and cooperatives

Happy Earth Cleaning Cooperative
Minneapolis, Minnesota
$25,000 COVID emergency loan to support a recently converted eco-friendly residential cleaning company

Hasta Muerte Coffee Cooperative
Oakland, California
$10,000 COVID emergency loan to worker-owned coffee shop

Park Cooperative Apartments
Minneapolis, Minnesota
$50,000 for rehab and improvements in 13-unit affordable housing cooperative

Snow River Cooperative
Crandon, Wisconsin
$650,000 to finance employee purchase of unionized, specialty wood manufacturing business

Happy Earth Cleaning Cooperative
Minneapolis, Minnesota
$180,000 for the employee purchase and conversion of an eco-friendly residential cleaning company

Oxbow Design Build Cooperative
Easthampton, Massachusetts
$200,000 for employee purchase and conversion of architectural and design firm

Works Progress Cooperative
Seattle, Washington
$30,000 to finance relocation and leasehold improvements for a consumer owned coworking space

Seattle Wholesale Growers Market Cooperative
Seattle, Washington
$75,000 for seasonal line of credit for co-op owned by sustainable, local flower growers

3701 Grand Ave Associates
Minneapolis, Minnesota
$99,000 in capital improvements to 10 unit housing cooperative

Adams & Chittenden Scientific Glass Cooperative
Berkeley, California
$300,000 to an Accelerate Employee Ownership conversion of scientific glass manufacturing company to worker cooperative

California Solar Workers Cooperative
Grass Valley, California
$250,000 to an Accelerate Employee Ownership conversion of solar installation company to worker cooperative

Rockman et al Cooperative
San Francisco, California
$200,000 to a conversion of evaluation and research consulting firm to worker cooperative

Working Systems Cooperative
Olympia, Washington
$200,000 for a conversion of labor union and a line of credit to a software IT company to worker cooperative

Cooperative Home Care Associates
Bronx, New York
$400,000 in working capital loan to worker owned home care provider

East Aurora Cooperative Market
East Aurora, New York
$152,000 to refinance of existing debt for consumer owned grocery cooperative

Federation of Southern Cooperatives Land Assistance Fund
Southeastern United States
$233,000 line of credit for association of African American and family farm cooperatives

Marquette Brewing Cooperative
Marquette, Michigan
$75,000 in financing for start‐up consumer owned brewery

Mutual Aid Twin Cities Housing Cooperative
Minneapolis, Minnesota
$241,000 in mortgage financing for start‐up, 5‐person, affordable housing cooperative

Outskirts Vintage
Chicago, Illinois
$28,000 in a conversion of vintage clothing store to a worker cooperative

Regeneration Farms
Northfield, Minnesota
$136,000 in an equipment loan for start‐up multi‐stakeholder, free range poultry enterprise

Seattle Wholesale Growers Market
Seattle, Washington
$125,000 in a line of credit and financing for expansion for producer owned wholesalr market of sustainable flower growers in Washington

The Nokoma
Minneapolis, Minnesota
$70,000 to the affordable housing co-ops for rehab and improvements

Natural Fibers Producers
Sandpoint, Idaho
$44,000 for working capital for a producer co-op serving U.S. fibers

Meerkat Media
Brooklyn, New York
$60,000 for relocation of the film and media collective

Cooperative Care
Wautoma, Wisconsin
$16,000 for the worker owned home care co-op serving rural communities

CoMetrics
Boston, Massachusetts
$300,000 for working capital

Democracy Brewing
Boston, Massachusetts
$192,000 for working capital for a start-up worker cooperative

Cooperative Energy Futures
Minneapolis, Minnesota
$178,000 for community solar projects

Renaissance Community Cooperative
Greensboro, North Carolina
$480,000 for startup food financing

eQuality Homecare
New Braunfels, Texas
$50,000 for worker owned home care

Federation of Southern Cooperatives / Land Assistance Fund
Epes, Alabama
$275,000 working capital line of credit to
association of black farmer cooperatives

Peace Coffee
Minneapolis, Minnesota
$90,000 to buy green coffee from co-ops

Natural Harvest Food Co-op
Virginia, Minnesota
$1,000,000 for expansion and relocation

Lots in Common
Chicago, Illinois
$380,000 to purchase additional house

Doylestown Cooperative
Doylestown, Pennsylvania
$35,000 for buying club

Ridge Side Cooperative
Madison, Wisconsin
$5000 for housing co-op improvements

Good Earth Food Cooperative
St. Cloud, Minnesota
$32,500 for store improvements

Walnut Street Cooperative
Eugene, Oregon
$190,000 for housing co-op refinance

Electric Violin Shop
Durham, North Carolina
$101,000 to convert to worker ownership

New Wine Commune Cooperative
Madison, Wisconsin
$16,000 for housing improvements

East Aurora Cooperative Market
East Aurora, New York
$509,000 startup financing

BisMan Community Food Cooperative
Bismarck, North Dakota
$363,000 startup financing

Seattle Wholesale Growers Market
Seattle, Washington
$75,000 working capital loan for farmer-owned flower market

Sustainergy Cooperative
Cincinnati, Ohio
$30,000 to worker-owned residential contractor for van and equipment

Park Cooperative Apartments
Minneapolis, Minnesota
$51,000 for improvements to housing co-op

Hub City Co-op
Spartanburg, South Carolina
$700,000 startup financing for grocery co-op

Clifton Cooperative Market
Cincinnati, Ohio
$1,095,000 in startup financing for grocery co-op

The Co-op Natural Foods
Sioux Falls, South Dakota
$150,000 for equipment and remodeling

Horizontal Housing Co.
Baltimore, Maryland
$50,000 to purchase and rehab home

Firestorm Café & Books
Asheville, North Carolina
$34,000 to worker co-op for new location

Northwind Natural Foods Co-op
Ironwood, Michigan
$35,000 for equipment and improvements

Black Star Co-op Pub & Brewery
Austin, Texas
$44,100 for point-of-sale system and patio canopy

Omega One Ltd.
Minneapolis, Minnesota
$59,170 to housing co-op for renovations

Hendersonville Community Co-op
Hendersonville, North Carolina
$268,777 for food co-op relocation; shared with NCIF and LEAF

NASCO Properties
Athens, Ohio
$310,000 to refinance home and purchase another leased to student housing co-op

Sugar Beet Food Co-op
Oak Park, Illinois
$339,000 startup financing