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Community Futures Sunrise

11 - 3rd Street North East, Weyburn, SK - Phone: (306) 842-8803

Loans

BUSINESS LOANS
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.

Loans Up To $150,000... or more!  Looking for a larger business loan? We can lend up to $150,000 (or more) to entrepreneurs in our southeast Saskatchewan region.  Read More

Resources to Support Your Loan Application: Business Plan    Loan Application   Cash Flow Worksheet   

 

Microloans of up to $25,000 to start your business or give it a boost.

Our Biz Start and Biz Boost Microloans provide a low interest, flexible, business financing solution for entrepreneurs in  southeast Saskatchewan. We understand the difficulties that entrepreneurs face in the current economy.  As a result, we have designed 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 

 

Review our Loan Application and Decision Process and Redress Policy.