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Recovery Share Offers Guidance
Resource
Published
14th July 2020Share
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Content by Community Shares
The purpose of this guidance is to support societies to use community shares to improve their solvency as part of their response and recovery to the current Covid-19 crisis.
Community shares give community businesses additional solvency, compared with other businesses that are more reliant on debt finance. Your community and your members have a vested interest in the purpose of their societies, and will support measures to protect its employees, volunteers, assets and share capital.
Co-operatives UK has information on how insolvency reforms could help co-ops survive crisis. The sister guidance note to this Recovery Share Offer guidance is Guidance for societies facing financial strife.
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