Assiniboine Credit Union (ACU) Canada Small Business Financing Loan

Amount:

$ 1,150,000.00

Type:

Loan

Description:

This government program is to help start-ups, existing businesses, and not-for-profit businesses to acquire the necessary financing to purchase equipment, leaseholds improvements, intangible assets, working capital costs, and property.

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. No more than $500,000 of that can be used to finance equipment purchases or improvements, or purchase leasehold improvements.

Deadline:

Rolling deadline

Eligibility:

Applicants must be start-ups, existing businesses, and not-for-profit businesses. Farming businesses are not eligible.

Application Steps:

Call ACU at 204.958.8588 / 1.877.958.8588 or book an appointment with one of ACU’s financial advisors.

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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