Co-operative and Community Finance
Formerly ICOF (Industrial Common Ownership Finance), Co-operative and
Community Finance has specialised in lending to co-operatives, employee-owned
businesses and social enterprises for thirty years. It was one of the founders of the
Community Development Finance Association. It has raised its own capital from
various sources, including public share issues.
CCF offers business loans (£5,000-£50,000) with terms up to 10 years. In London,
loans of up to £250,000 may be possible, through access to other funds which CCF
manages. Personal security is not taken, but loans are normally secured against
business assets. Loans are available for a number of purposes, including bridging
loans against delayed grants, loans on property and working capital and loans to
replace inappropriate existing finance.
Loans are subject to an ethical policy, which supports social enterprise, co-operative
values, social responsibility and environmental concerns.
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