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Cooperative Fund of the Northeast, Inc.
Cooperative Fund of the Northeast, Inc.
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 to 2 days
Can you get this?
✓Must be a cooperative or democratically owned enterprise
✓Must be located in the Northeast
✓Nonprofits may be eligible
Your real odds
No public acceptance rate exists, but CFNE has been lending since 1975 and carries an active portfolio across multiple states.
As a CDFI, they weigh mission fit alongside financials, and their portfolio shows they fund small and early-stage cooperatives, not only established ones.
What it takes
Confirm your business qualifies as a cooperative1 to 2 days
Contact CFNE to discuss your loan need1 week
Submit application with financial details1 to 2 wks
Worth knowing
CFNE pairs coaching and connections with its lending, so reaching out before you are ready to borrow lets you build a relationship and strengthen your application when the time comes.
What else do you qualify for?
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