Community Business Development Corporation (CBDC) Westmorland Albert Inc. Impact Loan Program
$25,000.00
Loan
Description:
The Impact loan supports the growth of small and medium-sized enterprises in the Greater Moncton area. Individuals of any age can seek funding for initiating a business, whereas those aged between 19 and 39 are eligible for expansion funding if they already own a business.
Comments on Funding:
Funding is a loan of up to $25,000:
– Low interest rates (prime +2%), with flexible repayment terms;
– No penalty for early repayment of loan principal.
Continuous Intake
Eligibility:
Applicants must:
1. be business owners,19 years old and over, seeking new start-up financing;
2. be business owners, aged 19-39, seeking financing for growth or expansion;
3. be located in in Greater Moncton (Moncton, Dieppe & Riverview).
Application Steps:
For details about the application process, contact CBDC Westmorland Albert Inc. through:
Phone: Tel: (902) 665-2635
https://www.cbdc.ca/contact.
Documentation Needed:
For details about the documentation requirements, contact CBDC Westmorland Albert Inc. through:
Phone: Tel: (902) 665-2635
https://www.cbdc.ca/contact.
Other Things to Note:
About the author
Maurice
