Borrow
Up to $10,000
The Work to Own Co-op loan helps new members of worker co-operatives contribute their full membership share, so they can participate in the decision-making process and start building equity as soon as possible.
Our approval process considers everything from your past employment, your future co-op job, and your ability to repay the loan.
Using a loan to become a fully paid member when you join means you can have voting rights, profit sharing, and a say from the start.
By putting the full amount of your member capital into the hands of the co-op, you’re eliminating the need for payroll reductions or deferred dividend payments.
To start the process, you'll need confirmation of a membership offer from a worker’s co-op. Once you're ready, apply with a lending specialist or connect to get tailored advice.
Book a callHave questions about whether the Work to Own Co-op loan is right for you? Email us at microfinance@vancity.com.