Community Futures Essex County Business Loans
$150,000.00
Loan
Description:
Community Futures Essex County offers loans to new and expanding businesses located in Essex County (excluding those located within the City of Windsor).
Comments on Funding:
Funding is a loan of up to $150,000:
– Up to $300,000 if certain conditions are met;
– Interest rates are based on traditional bank prime lending rates plus 2% to 5%.
Continuous Intake
Eligibility:
Applicants must
1. be new and expanding businesses;
2. be located in Essex County (excluding those located within the City of Windsor).
Application Steps:
Applicants must:
1. download loan application documents from CF Essex County website;
2. complete the loan application documents;
3. upload them or submit them by email or drop off printed documents at the CF Essex County office;
4. be informed of the decision of the Board of Directors.
Documentation Needed:
Applicants must provide:
1. completed application documents;
2. a Business Plan,
3. additional information as requested.
Other Things to Note:
About the author
Maurice
