USDA Loan Guarantees for Cooperative Conversions

Below is a description of USDA’s loan guarantee program for the conversion of rural businesses to worker ownership. This promising, but underutilized, program has potential to open up previously inaccessible funding for the often costly task of¬†transitioning a business to a worker cooperative. Thanks to Law Center staff member Jay Cumberland for his work on this paper while he was a student at Berkeley Law.

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