Community Business Development Corporation (CBDC) Long Range General Business Loan
$150,000.00
Loan
Description:
CBDC Long Range 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 Long Range.
Application Steps:
Applicants must apply online.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Long Range team through:
Phone: (709) 643-2933
Online Contact Form
Other Things to Note:
- All
- Business Purchase or Transfer
- Equipment or Property (lease or buy)
- Expand a Business
- Newfoundland and Labrador
- Non-profit Organization
- South-Western Newfoundland
- Start a Business
- Stephenville and surrounding area; Port au Port area; Barachois area; Penguin area; and Bay St. George South area.
- Working Capital
About the author
Maurice
