Energy
for Economic Sustainability
Tools to support investments, financial protection, and planning
The financial instruments of Legacoop Emilia-Romagna, coordinated alongside the local Legacoop branches, are designed for our member cooperatives. They play a crucial role within the cooperative movement. They provide the resources and solutions necessary to support the stability, growth, and efficiency of cooperatives.
Cooperative financing: solidity and protection, transparency and innovation
Legacoop’s actions
Cooperatives’ objectives
Effective risk management through the mitigation of uncertainties related to fluctuations in prices, interest rates, and exchange rates.
To protect profit margins and stabilize financial planning to ensure the long-term sustainability of the cooperatives.
Robust financial support through specialized services, which are decisive during times of economic uncertainty or crisis.
To acquire the necessary resources to overcome temporary difficulties without compromising long-term goals or the stability of the organization.
Financial instruments that play a key role in managing tax obligations and ensuring that cooperatives remain compliant with local, European, and international laws.
To avoid penalties, improve operational efficiency, and free up resources that can be reinvested into the organization.
Instruments to finance technological innovation to improve production processes, product quality, or customer services.
To be more competitive and keep pace with the markets.
Valuable
Advantagesfor the membership base
Better conditions for loans, current accounts, and insurance
Financial services allow cooperatives to offer their members more favorable terms for loans and other instruments, such as current accounts or insurance. This improves the value proposition for members, increasing their trust and satisfaction. Offering advantageous financial conditions to members stimulates their active participation and engagement, strengthening internal cohesion and commitment to the cooperative’s common goals.
Financial Structures of our Associative System
Financial products and services for Member Cooperatives
Key financial structures within the Legacoop Emilia-Romagna system
- Sofinco
- Finpro
- Coopim
- FiBo
- Federazione delle Cooperative di Ravenna
- Fincoop
- Parco
- Boorea
- CCFS
- Parfinco
Financial Operators Network
The group primarily brings together officers from local Legacoop branches who have completed the
OAM (Organismo Agenti e Mediatori) training program through Cooperfidi.
The group was originally established to coordinate and organize assistance for cooperatives during the Covid-19 pandemic, specifically regarding access to relief funds (ristori) and subsidies made available by various government decrees. The Network has continued its consulting and support activities through periodic meetings with two main objectives: To serve as a hub for exchanging experiences and sharing benchmarks; To present innovative financial products designed for cooperatives and to raise awareness of existing products that are underutilized.
Regional Resources for Cooperatives
Foncooper is the revolving fund of the Emilia-Romagna Region
Since 2023, it has been managed by a Temporary Business Group (R.T.I.) composed of Banca Agevolarti S.p.A., Cooperfidi Italia Soc. Coop, and Emilbanca.
The fund offers subsidized financing to cooperatives (excluding housing cooperatives) to support projects that: Improve productivity and employment, Enhance product value (valorizzazione), Optimize distribution, Involve production, tourism, or service facilities.