{"id":1831,"date":"2025-11-13T10:03:26","date_gmt":"2025-11-13T09:03:26","guid":{"rendered":"https:\/\/fundacioseira.coop\/471-2\/"},"modified":"2026-03-17T15:10:01","modified_gmt":"2026-03-17T14:10:01","slug":"471-2","status":"publish","type":"post","link":"https:\/\/fundacioseira.coop\/en\/471-2\/","title":{"rendered":"Seira and Coop57 renew their agreement to offer a financing line for Catalan cooperatives"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_section][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]Thanks to this initiative, Coop57 has granted a total of 117 loans amounting to 4.8 million euros since 2020.<\/p>\n<p><strong>Fundaci\u00f3 Seira<\/strong>, a leading organisation in social and cooperative finance, and <strong>Coop57<\/strong>, the ethical and solidarity\u2011based financial services cooperative, have renewed their collaboration agreement\u2014an initiative that over the past four years has enabled the creation of a financing line to meet the liquidity needs of Catalan cooperatives. Since 2020, the agreement has led Coop57 to grant <strong>117 loans worth 4.8 million euros<\/strong> to Catalan cooperatives.<\/p>\n<p>Through the agreement, which began in 2020, Coop57 made available a <strong>2\u2011million\u2011euro financing line<\/strong>. Catalan cooperatives\u2014especially worker cooperatives\u2014that are members of Coop57 and are federated or intend to become federated may access this financing. The line offers two products: <strong>credit lines<\/strong> and <strong>liquidity loans<\/strong>.<\/p>\n<p><strong>Continuation of the agreement<\/strong><\/p>\n<p>Beyond the context of the Covid\u201119 pandemic, which motivated the signing of the initial agreement, both organisations have committed to updating the initiative with several changes and improvements. Among the proposals are:<\/p>\n<ul>\n<li>Extending the agreement until <strong>31 March 2026<\/strong>.<\/li>\n<li>Expanding the treasury loan modality by incorporating the concept of <strong>long\u2011term loans<\/strong>, enabling cooperatives to finance investment needs.<\/li>\n<li>Reducing the <strong>minimum loan amount<\/strong> from 20,000 euros to <strong>10,000 euros<\/strong>, in order to meet the needs of smaller cooperatives that previously could not access this financing line.<\/li>\n<li>Extending the <strong>maximum loan term<\/strong> from the current 3 years to <strong>6 years<\/strong>.<\/li>\n<li>Expanding eligible beneficiaries to include <strong>social and solidarity economy organisations<\/strong> that are members of the <strong>XES (Catalan Solidarity Economy Network)<\/strong>.<\/li>\n<\/ul>\n<p><strong>About SEIRA<\/strong><\/p>\n<p><strong>Seira<\/strong> is a non\u2011profit organisation established in March 2008 with the aim of promoting and innovating cooperativism and developing solutions to improve access to finance for cooperative enterprises. Fundaci\u00f3 Seira coordinates and drives <strong>Financoop<\/strong>, a network of 14 public and private entities working to strengthen ethical finance and facilitate access to funding for Social and Solidarity Economy (SSE) organisations.<\/p>\n<p><strong>About Coop57<\/strong><\/p>\n<p><strong>Coop57<\/strong> is an ethical and solidarity\u2011based financial services cooperative that, for nearly 30 years, has aimed to contribute to transforming the economy and society by financing social and solidarity economy projects. In 2023, Coop57 granted <strong>334 loans<\/strong> amounting to <strong>26.2 million euros<\/strong>.[\/vc_column_text][\/vc_column][\/vc_row][\/vc_section]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_section][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]Thanks to this initiative, Coop57 has granted a total of 117 loans amounting to 4.8 million euros since 2020. Fundaci\u00f3 Seira, a leading organisation in social and cooperative finance, and Coop57, the ethical and solidarity\u2011based financial services cooperative, have renewed their collaboration agreement\u2014an initiative that over the past four years has enabled the creation &#8230; <a title=\"Seira and Coop57 renew their agreement to offer a financing line for Catalan cooperatives\" class=\"read-more\" href=\"https:\/\/fundacioseira.coop\/en\/471-2\/\" aria-label=\"Read more about Seira and Coop57 renew their agreement to offer a financing line for Catalan cooperatives\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-1831","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-25"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Seira and Coop57 renew their agreement to offer a financing line for Catalan cooperatives - Fundaci\u00f3 SEIRA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fundacioseira.coop\/en\/471-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seira and Coop57 renew their agreement to offer a financing line for Catalan cooperatives - Fundaci\u00f3 SEIRA\" \/>\n<meta property=\"og:description\" content=\"[vc_section][vc_row][vc_column][vc_column_text css=&#8221;&#8221;]Thanks to this initiative, Coop57 has granted a total of 117 loans amounting to 4.8 million euros since 2020. 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