Community Futures Grenville Micro Loans
$20,000.00
Loan
Description:
Community Futures Grenville provides micro loans to qualified applicants seeking financing for operating costs, equipment and vehicle financing, inventory financing, and short term cash flow assistance.
Comments on Funding:
Funding is a loan of up to $20,000.
Continuous Intake
Eligibility:
Applicants must:
1. be new businesses;
2. be existing businesses;
3. be located in the Town of Prescott and the Townships of Augusta, Edwardsburgh/Cardinal and the Municipality of North Grenville.
Application Steps:
Applicants must:
1. gather information about their request, how much is required, purpose, and how it will help their business;
2. meet with the Business Loans Officer;
3. complete and submit the loan application package;
4. be notified of the decision of the Investment Committee.
Documentation Needed:
Applicants must provide:
1. completed Loan Application Form, along with documents required on the Loan Application Checklist;
2. Personal Financial Statement for each partner / shareholder
3. Copy of your Business Registration and/or Articles of Incorporation
4. Copy of Birth Certificate or Passport of each partner / shareholder.
5. additional information as requested.
Other Things to Note:
About the author
Maurice
