As we reach designated membership milestones, the West Chester Cooperative will launch a loan campaign. To help us plan ahead, we would love to hear from you!
Please fill out the Pledge Form below and let us know that we can count on your support!
Why use member-owner Loans?
Member-owner loans are much less expensive for us to procure and pay back than bank loans (banks add a lot of other costs to their loans, including fees, reporting requirements, covenants, etc. that are not included in their rates but make the overall cost of their loans higher).
Member-owner loans are a much more flexible way for us to raise money, without as many restrictions as a bank loan.
FOR MEMBER-OWNERS, our member loan program is an opportunity to invest locally in your Co-op while earning a return on investment and enriching your community.
FRIENDS & FAMILY, the entire community, potential future members, and other supportive parties, can elect to invest in the West Chester Co-op, whether or not they are members themselves.
So, please consider making a loan! Once the loan campaign is launched we will contact you with the agreement documents.
Zero-interest loans are available and will enable you to help build the Co-op in a most robust way!
Minimum requirement of $1,000 with no upper limit for loans.
Flexible Terms will be offered (generally between 5-10 years)
Interest Rates: 0%, 2%, 4%