Business Loan Criteria
We take the following into account when you apply for assistance:
- Location of business
- Local job creation
- Ability to repay the loan
- Adequate security for the venture
- Market potential and future economic viability of the business
Loan Purpose
The Community Futures loan program can help finance any viable business venture up to a maximum of $150,000 for the following purposes:
- Start-up
- Equipment purchases
- Construction costs
- Additional working capital
- Real estate purchases
- Expansion
Application Process
All applicants are required to complete a loan application, business plan, and a 12 month cash flow projection worksheet. Other documents will be required, please contact our office to discuss.
- Download the loan application here or register and apply online.
- Develop a business plan, including financial projections. Note: a business plan template and cash flow projection worksheet can be found on our resource page.
- Submit both the completed application and your business plan to the our business development officer. Ensure that your application is signed by yourself (the applicant/s).
- Our business development officer will contact you to discuss your application and may request supplement documentation.
- The loan process and redress policy is available here.