Business Loan Criteria
Guided by our Board of Directors, we take the following into account when you apply for a business loan:
- Location of the business is within the Mid-Sask region
- Jobs created/maintained
- Ability to repay the loan
- Offer adequate loan security
- Market potential and future economic viability of the business
Loan Purpose
Whatever your lending needs are, we're here to help. We can lend up to a maximum of $150,000 to any one entity, our loans cover most business-related expenses such as:
- Start-up capital
- Equipment purchases
- Construction costs
- Working capital
- Business expansion
Application Process
Before starting the application process, we encourage you to contact us for an initial consultation. We'll talk about your business and financial needs and make a recommendation for how to proceed with securing a loan. Please note that we can not lend to businesses that are located within Saskatoon. Our fixed interest rate is Bank of Canada prime plus 2%
- Loan Application
- Start-up Business Canvas
- Cashflow projection template
- Loan process and redress policy
- Conseil économique et coopératif de la Saskatchewan (CÉCS)
Business Coaching
Free business coaching is available to discuss a wide range of topics, such as:
- Business planning
- Marketing
- Cash flow projections
- Social enterprises
- Strategic planning
- Pathfinding additional business resources