ACTION ALERT: USDA Rule Change Affecting Worker Coops - Comment by 11/14

Please register a comment on a proposed USDA rule change that could help finance business conversions to employee ownership! Worker-owners, cooperative developers, and anyone who supports worker ownership is encouraged to take advantage of this very important (and time-sensitive) opportunity.

What’s at stake? The USDA is proposing making its Business and Industry (B&I) guaranteed loan program available to business owners selling their business to employees.  This could greatly facilitate transitions to employee ownership by addressing two key barriers: (1) friendly financing and (2) phased timing for buy-outs. The USDA needs to hear support for this proposal from you!

Take Action in 3 Easy Steps:

1.    Review the detailed information and talking points below - contact amy@usworker.coop with any questions or for support

2.    Submit a comment in support of the proposed language by Friday, November 14

3.    Email membership@usworker.coop and let us know you commented

You can find more information at the US Federation of Worker Cooperatives website

 

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