Equity Loan

By mmuise
Description:

CBDC NORTIP offers financial assistance to commercial entities wanting to start or expand a small business. CBDC NORTIP's equity loans have a maximum limit of up to $100,000.


Comments on Funding:

Funding takes the form of equity loan of up to $100,000 or 10% of the cost of the project, which ever is less.

Deadline: -
Eligibility:

Applicants must be:

  • commercial entities wanting to start or expand a small business;
  • in the Northern Peninsula.
Application Steps:

Applicants must contact CBDC NORTIP through their online contact form.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

CBDC NORTIP is one of 41 Community Business Development Corporations (CBDCs) operating in rural Atlantic Canada. The CBDCs are a network of not-for-profit organizations that work in co-operation with all levels of government and the private sector to meet the needs of small business

About the author
mmuise