Access Credit Union Canada Small Business Financing Program

Amount:

$ 1,150,000.00

Type:

Loan

Description:

Access Credit Union, as a qualified lender, participates in the Canada Small Business Financing Program (CSBFP). Operating under the Canada Small Business Financing Act, Access Credit Union is positioned to aid businesses in securing term loans and capital leases through the program.

Comments on Funding:

The maximum loan amount a borrower can access under this program is $1.15 million, which includes a maximum of $1 million for term loans and $150,000 for lines of credit.

Deadline:

Rolling deadline

Eligibility:

Applicants must:
1. be start-ups and existing for-profit, not-for-profit and charitable small businesses in Canada with gross revenues of $10 million or less;
2. be businesses, including: corporations, sole proprietors, partnerships or cooperatives.

3. Farming businesses are not eligible under this program.

Application Steps:

Talk to one of Access Credit Unions’ local Business Banking lenders today to get started on their business mortgage application: 1.800.264.2926.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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