Community Development Corporation of Sault Ste. Marie & Area Line of Credit
$100,000.00
Loan
Description:
CDC of Sault Ste. Marie & Area’s Line of Credit is designed for clients with a fluctuating need for capital. Demand may be the result of seasonal start-up costs for farmers or tourist operators, or the result of a increase in demand as the result of seasonal conditions or strong business growth.
Comments on Funding:
Funding is a line of credit of up to $100,000.
Continuous Intake
Eligibility:
Applicants must:
1. be businesses;
2. be in CDC of Sault Ste. Marie & Area’s covered communities.
Application Steps:
Applicants must:
1. complete the on-line application;
2. meet with Business Advisor to review the application;
3. be notified of the decision.
Documentation Needed:
Applicants must provide a completed loan application form, and other information as requested.
Other Things to Note:
About the author
Maurice
