Loans

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How does your collective feel about good-faith loans toward this deposit?

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Yet to be determined by consensus. Some folks are strongly opposed to loans, while others feel small or good-faith loans (interest-free, no set timeline to pay back by though concerted effort made to pay back over time) are acceptable.

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  • The priority for fundraising at this point should be donations and contributions from memeber collectives
  • The terms of any loan must be consented on by the collectives. If loans require payments to be made then an opperating agreement must be in place to clearly describe how money will flow through the collectives and back to creditors.