Management
Management and Accountability
ICOF has a board of Trustees and ICOF Community Capital has a board of Directors, both of which are elected by their respective memberships on a three-year cycle. The boards are comprised of people with a wide range of co-operative and community business skills from around the UK.
There are offices in Bristol, Southampton and Wales, staffed by people who have a commitment to the development of co-operation and the social economy and with the necessary skills and experience to appraise commercial and co-operative viability. Regular contact is made with co-operative and community development support organisations throughout the UK.
ICOF is a member of Co-operatives UK; a Charter Member of the Community Development Finance Association; a member of the Social Enterprise Coalition; and provider of back office services for other Community Development Finance Institutions (CDFI) throughout the UK.
ICOF is a government accredited CDFI for the Community Investment Tax Relief initiative, and is the only CDFI authorised and regulated by the Financial Services Authority in the conduct of investment business.
Policy
We are committed to the continuous improvement of our services and welcome your comments.
Performance Targets
We aim to be able to process an application from receipt of a completed business plan proposal to release of funds in 24 working days. This includes visiting the business, preparing the appraisal report, decision making and the perfection of security.
Sound business finance coupled with equal opportunity, environmental concern and the pursuit of social justice continue to be the hallmarks of our policy and practice.
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SHARE Community is a social enterprise that provides training and development opportunities for people with disabilities, supported by finance from Co-operative & Community Finance.