LEAF Provides Flexible Financing to Cooperatives and Social Purpose Ventures
LEAF’s mission is to promote human and economic development by providing financing and development assistance to community-based and employee-owned businesses that create and save jobs. We structure our financing to the needs and capacity of each business. Investments are structured as secured debt, subordinated debt, lines of credit or equity financing depending on the business need.
Our close working relationship with the ICA Group, a non-profit consultant to worker cooperatives and other social purpose ventures for 25 years, enables us to provide our clients with access to first class business assistance in addition to financing. Since its founding, LEAF has loaned over $7 million and leveraged another $84 million for social purpose and cooperative enterprises, resulting in the creation or retention of more than 6,200 jobs. LEAF has also provided financing to Alternative Staffing
Organizations, which have place over 8,000 low-income people with barriers
to employment into temporary or permanent positions.
LEAF’s areas of expertise, include lending to: natural food cooperatives,
worker-owned or community owned enterprises and cooperatively owned
manufactured home parks. Within these areas of expertise LEAF is actively
seeking to deploy its assets in Persistent Poverty Counties (counties that
have had 20 percent or more of its population living in poverty over the
past 30 years).