Line of Credit for Raw Materials
The goal of this project is to support New Deal's company cash flow as they work to expand the size and number of their contracts and grow their cooperative.
Supporting this cash flow will allow for better financial management of 2018 projects and also help the coop gain more favorable terms with material purchases. We hope that this loan also represents the beginning of a larger collaboration between TWW and New Deal, which could include working capital down the line for additional equiptment as well as promoting cooperativism more broadly across the construction sector.
Other Loans to This Co-op
This is the first loan to this cooperative.