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Community Investment Note
Contact Miki Schrider at 919-542-2643 or miki@chathammarketplace.coop for a full Investment Package before investing.
Chatham Marketplace has raised $345,000 from over 100 individuals and families through our Community Investment Note Program. Community investment, represented as equity rather than a liability on our balance sheet, strengthens our financial position, giving us more financial power and flexibility.
Chatham Marketplace is a beautiful, living store, and we can be even stronger. Additional investment ensures that the Co-op has strong cash flow and working capital as we move through the first months after opening. These additional funds will allow the Co-op to respond strategically to needs that we could not have anticipated prior to opening but will be essential in maintaining our strong position in the community. These needs could be anything from specialized equipment in our kitchen or retail space to more staff in a certain department to special programs and services that the Co-op could sponsor both at the store and in the larger community. Please become an investor today.
Community Investment Notes are interest bearing notes that are available to North Carolina residents interested in investing in Chatham Marketplace. These notes are an instrumental part of the continued financing of Chatham Marketplace.
The Community Investment Notes program allows individuals to invest directly in a socially, economically, and environmentally responsible business in their community. The proceeds will be used to start and sustain our community-owned enterprise, Chatham Marketplace.
- Community Investment Notes have terms of five, six, seven, eight, nine and ten years. The Notes pay investors a potentially below market fixed rate of interest between 0 and 4%. Interest is paid annually and upon maturity your principal investment is returned.
- Community Investment Notes are not FDIC insured.
- Community Investment Notes are not tax-deductible. You are required to pay income tax on interest earned.
- Community Investment Notes are only available to North Carolina residents.
I am interested in receiving more information on being an investor at Chatham Marketplace.
480 Hillsboro Street, Pittsboro, NC 27312 | 919-542-2643 | 8AM - 8PM Every Day © Copyright 2003 Chatham Marketplace | Site designed and hosted by
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