ACCFutures ACCFrancophone
$20,000.00
Loan
Description:
ACCFrancophone is designed for primarily Francophone business owners experiencing barriers accessing traditional financing.
Comments on Funding:
Funding is a loan of up to $20,000:
– Interest Rate: Prime + 1 %;
– Application fee of 1% of loan with a minimum of $250.
Continuous Intake
Eligibility:
Applicants must:
1. be an Official Language Minority Community Member owning and operating a primarily Francophone business experiencing barriers to accessing traditional financing;
2. have a minimum Credit Score of 500;
3. provide a security: Personal Guarantee of all owners with more than 20% ownership;
4. be established in Akwesasne, Cornwall, and SDG Counties.
Application Steps:
Applicants must complete the online application form.
Documentation Needed:
Applicants must provide:
1. completed Loan Application form;
2. Credit Report;
3. Additional information as requested.
Other Things to Note:
About the author
Maurice
