Express Loans

By mmuise
Description:

Grand Erie Business Centre provides funding to new and existing small businesses that need capital between $2,500 and $20,000 for equipment, project costs or operating. Approval can be granted in as little as two business days for an Express Loan.


Comments on Funding:

Funding is a loan between $2,500 and $20,000 for new and existing businesses.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be new or existing small businesses;
  • be in the Grand Erie Business Centre's service area (Haldimand County and the Township of West Lincoln);
  • need capital between $2,500 and $20,000 for equipment, project costs or operating.
Application Steps:

Applicants must:

1. fill out the appropriate application form (for new or existing businesses);

2. download the application form and save them in order to include the applicant's signature.

Documentation Needed:

New businesses must attach to their application:
1. a Mission Statement including goals and objectives for the first 2 years of operation;
2. a SWOT Analysis - Strengths, Weaknesses, Opportunities and Threats;
3. a marketing plan demonstrating the strategies, tactics, tools and channels they will use;
4. Projected Cash flow/Revenue projections for the first 2 years of business.
Existing businesses applicants must submit their completed application form, including:
1. a Business Plan;
2. a Financial Statement or Projections.

Other Things to Note:

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About the author
mmuise