Published December 1, 2017 by Food Co-op Initiative
As FCI reported in the November-December 2017 issue of Cooperative Grocer Magazine, the U.S. Small Business Administration (SBA) has opened its’ doors to working with startup cooperative businesses. This is exciting news as it makes several of the SBA resources available to co-ops now. There remains an obstacle for cooperatives in meeting the requirement of a loan guarantor. Discussions on that front continue between the SBA and cooperative leaders.
Learn more about the SBA resources available, and the ongoing work to expand these options, in the complete article, here.