By leveraging the combined strengths of each partner, we are able to achieve a level of impact that could not be accomplished independently. We believe that by working together, we can set new standards for small business owners in underserved communities who face barriers in accessing capital. By identifying key service areas we have achieved partnerships that help us work toward mutual goals.
Credit Union Times reports on a renewed push in Puerto Rico to seek CDFI certification for cooperativas. From the article:
From Left to Right: Anna Foote, Southeast Regional Director, On the Rise Financial Center; Michelle Parker, Federation Program Officer; Sandy Headley, Vice President, Access to Capital for Entrepreneurs; and Deirdra Cox, President, Community Sustainability Enterprise.
Small business financing is tough, and if you’re a cooperative, it can seem especially unattainable. Finding the right solution for financing a co-op is different every time, and often depends on a variety of factors, such as industry, size, co-op type, and transaction type.