Participation loan for cooperativesGrup d'inversors cooperatius, SL
Funding | Loans and guarantees
Companies are provided with financial resources, knowledge and contacts from GICOOP, which assumes the business project with all its consequences and without additional guarantees. Its objective is to provide cooperative companies with the appropriate boost for balanced growth and therefore generate employment and wealth. Its financing involves a participation loan or the purchase of shares. Repayment periods typically do not exceed 8 years and interest-free periods may be considered should the project so require. - Average operation amount: €110,000 - Phase: expansion - Instrument: non-convertible participation loan - Companies financed: SAMBUCUS, L'AURO, INOXGRUP, MILOLA, ENCIS
Addressed to: Cooperative companies with shared ownership, equitable distribution of results (whereby everyone receives in accordance with his or her contribution), democratic control of management (whereby votes are not tied to capital and the collective approves strategy, management and accountability) and universal involvement in company affairs (ranging from clients and employees to the social environment and suppliers).