what is our process of choosing new investees?
Our loan process begins when a co-op fills out and submits a Capital Needs Survey. This survey allows CSF to gather preliminary information about your co-op and its capital needs, to determine if we may be a good fit for working together. The CSF membership discusses the survey and decides whether to invite a co-op to apply for a loan. (If a co-op is not invited to apply for a loan, we will still follow up to offer feedback and additional resources.)
A member of CSF then becomes assigned as liaison to the applying co-op. The co-op must then complete a loan application, which is a more involved process and requires more details about the business, organization and finances. After the loan application is submitted, CSF will invite the co-op to present at one of CSF's board meetings.