Affinity Credit Union Term Loans

Amount:

no fixed amount

Type:

Loan

Description:

Affinity Credit Union recognizes numerous situations where businesses can benefit from the working capital provided by a term loan. Businesses may leverage this additional cash flow to expand operations, replace aging equipment, refinance existing loans, undertake leasehold improvements, or invest in other fixed assets.

Comments on Funding:

Funding takes the form of a loan.

Deadline:

Rolling deadline

Eligibility:

Applicants must:
1. be businesses;
2. be Affinity Credit Union members;
3. be residents of Saskatchewan.

Application Steps:

For details, applicants must call Contact Center at 1.866.863.6237 or book an appointment online.

Documentation Needed:

Applicants must provide:
1. 3 years of financial statements;
2. personal financial information on all shareholders or guarantors including 3 years of personal income tax returns;
3. signed leases or rentals for all properties;
4. a business plan, including projections.

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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