Unique lending: to co-ops, from co-ops.

Setting up a new enterprise? Moving premises?
Buying new equipment? Expanding membership? 

We welcome applications from new and existing co-ops based in the UK.

  • Unsecured loans with no personal guarantees
  • Interest charged on reducing balance
  • Unique understanding of co-operatives
  • No set lending terms (flexible between 1-20 years)
  • Loans between £10,000 and £85,000
  • Ongoing support throughout the term of the loan

We’re making the UK’s co-operative sector stronger by providing ethical, accessible loan finance. 

Lending since 2002

Sympathetic to your co-op’s needs

We lend money exclusively to co-operatives. Our approach to lending is ethical, accessible and sympathetic to your co-op’s needs. The Co-operative Loan Fund is entirely funded and run by co-ops, so unlike many conventional lenders we truly understand and actively support democratically owned and controlled enterprises. We reinvest any surpluses into the fund to continue this support.

Loan applications are welcome from new and existing co-operatives based in the UK that need between £10,000 – £85,000 of loan finance to:

• Set up as a new co-operative
• Expand their size and scope
• Assist an employee buyout or company succession
• Purchase a property or business
• Purchase capital equipment or create working capital

Loans are only available to economically viable co-operatives registered in the UK.

The Co-operative Loan Fund is able to make unsecured loans, but will take security if available. We do not take personal guarantees on loans.

Repayment terms
There is no set lending term, as far as is possible loans will be tailored to the business and the capacity to make repayments. The maximum term is usually 10 years.

Special features
The Co-operative Loan Fund is able to make loans that are flexibly tailored to meet your requirements. Lending by the Co-operative Loan Fund will be at or near market terms.

Co-operation among co-operatives

The Co-operative Loan Fund was set up to strengthen the size and scope of the co-operative sector through the provision of ethical, accessible loan finance.  It is funded and run by co-operatives with the specific aim of helping other co-operatives – a practical example of the principle of co-operation among co-operatives.

We work closely with a number of organisations involved in co-operative development including The Co-operative Enterprise Hub, Co-operative & Community Finance, The Co-operative Community Shares Fund, Co-operatives UK and the Plunkett Foundation.

Structure, governance and management

The Co-operative Loan Fund is a company limited by guarantee.  It is overseen by a board of directors who represent each of the funders.  Board meetings are usually held four times a year.

The day-to-day management of the Co-operative Loan Fund is conducted by Co-operative & Community Finance, an independent organisation that  is authorised and regulated by the Financial Services Authority (FSA) in the conduct of investment business.

Co-operative & Community Finance has been providing loan finance for co-operatives, employee-owned businesses and social enterprises since 1973.

Making a donation
We would welcome donations from any co-operative that want to support the work of the fund.  Co-operatives that make donations of over £50,000 may appoint a representative to the board if they wish.  Co-operatives making small donations will also benefit from publicity.  

If you wish to discuss making a donation please contact Ian Rothwell ( or 023 8023 1123).


The Co-operative Loan Fund is managed by Co-operative & Community Finance.

tel: 0117 916 6750

Head Office:
Brunswick Court,
Brunswick Square,