Community Futures Sunrise has flexible lending criteria and each loan application will be evaluated on its own merit. Businesses must be physically located within our region and the majority of employment created must be within our region.
Microloans of up to $25,000 to start your business or give it a boost.
Community Futures (CF) Sunrise’s Biz Start and Biz Boost Microloans provide a low interest, flexible, business financing solution for entrepreneurs in the southeast region of Saskatchewan. CF Sunrise understands the difficulties that entrepreneurs face due to recent impacts on the economy. As a result, we are providing further support to small business owners in the form of quick, simple, online access to financing for working capital or expansion needs.
Biz Start Microloan (new or in operation for less than one year) and Biz Boost Microloan (existing business) have the following terms:
- Maximum loan of $25,000
- Interest rate of prime + 2%
- No principal payments for six months
- No application fee
- Repayment over three years, with no penalty for early payout
- A one-time administration fee of 2%, which can be added to the loan amount
Microloan Eligibility Requirements
- Funds will be used to start, buy, maintain or expand a business in the CF Sunrise region
- Funds may not be used to prepay or refinance existing indebtedness
- The business must demonstrate viability
- A complete loan application has been submitted
Apply for a Microloan today!
Loans Up To $150,000! Looking for a larger business loan? CF Sunrise can lend up to $150,000 to entrepreneurs in our southeast Saskatchewan region. Learn More
Review our loan application, loan decision process and redress policy: Loan Process
REGIONAL ECONOMIC DEVELOPMENT
Regional Economic Development plays an important role in supporting the continued growth of our region. At Community Futures Sunrise, we are committed to driving positive change and enhancing the economic landscape of our region. We strive to foster and support entrepreneurship, attract investments and create a business environment that generates employment opportunities and boosts local economies.
With dedicated personnel focused on regional economic development, we offer a comprehensive range of services designed to support the needs of businesses, community organizations and municipalities. We work with individual communities as they develop and achieve their community economic development goals in the key areas of: business retention and expansion, business and investment attraction, community promotion and marketing, and regional tourism development.
Interested in our community and economic development supports? Get in touch with our Regional Economic Development Coordinator today.
Have an area of business development you would like addressed in a workshop setting? CF Sunrise offers in-person, or virtual (via Zoom) facilitated workshops that can be customized to the business development topics you request. It’s easy to get the ball rolling - just let us know what topics you would like to see!
FROM THE GROUND UP
Our 'From the Ground Up' video spotlight series showcases 10 unique and resilient entrepreneurs from throughout the region who have taken advantage of various programs and services we offer.
A leader in encouraging youth entrepreneurship in the province, CF Sunrise works with regional schools to assist students in experiencing the world of micro business. Learn more about YouthBiz:
More about YouthBiz . . .
YouthBiz is an exciting and fun business competition for grade 6 - 12 students in the CF Sunrise region (southeast Saskatchewan). The contest promotes entrepreneurship, financial literacy and encourages the connection between young people and the business community. Students come up with a business idea, write about it, plan the finances to back it up and have fun developing simple marketing materials too!
Since YouthBiz began in 2007, over 3,500 students from southeast Saskatchewan have competed for more than $36,000 in prize money!
Have more questions? Contact CF Sunrise, we're happy to help: email@example.com