Micro Loan

By mmuise
Description:

Community Futures Boundary offers Micro Loans ranging from $200 to $10,000 at a fixed interest rate of 12% to eligible individuals for business needs.


Comments on Funding:

Funding is a loan ranging from $200 to $10,000.

Deadline: Continuous Intake
Eligibility:

Applicants must be:

  • individuals;
  • 19 years of age or older and legally entitled to work in Canada;
  • residents;
  • looking for funds for business needs;
  • located in the Regional District of Kootenay Boundary.
Application Steps:

-

Documentation Needed:

-

Other Things to Note:

Applicants with less than stellar credit records may still apply as each case is considered on an individual basis. Loan approval is based on the whole picture, character, business potential, job creation, market conditions, capacity to repay and security.

About the author
mmuise