Accessibility Tools

Community Futures Sunrise

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

Loans

BUSINESS LOANS
Community Futures Sunrise is considered a 'developmental lender' and as such we offer more flexible lending criteria than a traditional financial institution. Each loan application will be evaluated on its own merit and we work with the entrepreneur to find solutions. We also often partner with other lenders to make your business goals a reality.

Generally, businesses must be physically located within our region and the majority of employment created must be within our region.

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.