Business Financing

By mmuise
Description:

Atuqtuarvik Corporation provides loans and equity investments to Inuit-owned businesses ranging from $150,000 to $3,000,000 to start, expand or acquire a business. Eligible projects must be commercially viable, Nunavut-based and create benefits for Inuit in the areas of jobs, training, and social improvements.


Comments on Funding:

Funding takes the form of loans and equity investments ranging from $150,000 to $3,000,000

Loan terms and fees:
1. Rates charged are based on the bank prime and overall project risks.
2. Loans are for terms for 1 to 5 years.
3. Amortization is up to 25 years

Deadline: Continuous Intake
Eligibility:

Applicants must be commercially viable, Inuit owned companies.
Eligible projects must be Nunavut based.

Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise