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.

Featured!  CF Sunrise's Micro-loans of up to $25,000 to start your business or give it a boost.

Community Futures (CF) Sunrise’s Biz Start and Biz Boost Micro-Loans provide a low interest, flexible, business financing solution for entrepreneurs in the southeast region of Saskatchewan.  CF Sunrise understands the difficulties that entrepreneurs face in the midst of the Covid-19 pandemic and the importance of the recovery of the economy.  As a result, CF Sunrise is 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 Micro-Loans (new or in operation for less than one year) and Biz Boost Micro-Loans  (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 Micro-Loan 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

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

Review CF Sunrise's loan application, loan decision process and redress policy:  Loan Process