Community Business Development Corporation (CBDC) Labrador General Business Loan
$150,000.00
Loan
Description:
CBDC Labrador offers loans to businesses and entrepreneurs operating within its service area.
Comments on Funding:
Funding is a loan of up to $150,000.
Continuous Intake
Eligibility:
Applicants must:
1. be entrepreneurs or businesses purchasing a new or existing company;
2. be expanding an existing business;
3. be an existing company in need of working capital;
4. be both year-round and seasonal businesses;
5. be potential borrowers showing a legitimate chance of economic viability;
6. demonstrate employment creation and/or maintenance without negatively impacting existing area businesses;
7. be located within the service area of CBDC Labrador.
Application Steps:
Applicants must apply online.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Labrador team through:
Phone: (709) 896-5814
https://www.cbdc.ca/contact.
Other Things to Note:
- All
- and Mud Lake.
- Black Tickle
- Business Purchase or Transfer
- Capstan Island
- Cartwright
- Charlottetown
- Churchill Falls
- Equipment or Property (lease or buy)
- Expand a Business
- Forteau
- Happy Valley-Goose Bay
- Hopedale
- L'anse Au Clair
- L'anse Au Loup
- Labrador
- Labrador City
- Lodge Bay
- Makkovik
- Mary's Harbour
- Nain
- Natuashish
- Newfoundland and Labrador
- Non-profit Organization
- Norman Bay
- North West River
- Pinsents Arm
- Pinware
- Port Hope Simpson
- Postville
- Red Bay
- Rigolet
- Sheshatshiu
- St. Lewis
- Start a Business
- Wabush
- West St. Modeste
- Working Capital
About the author
Maurice
