Larger Loans

By mmuise
Description:

South Lake Futures works in partnership with the Georgina Association for Business (GAB) to deliver larger loans. GAB provides business loans up to $400,000.


Comments on Funding:

Funding is up to $400,000 in loans.

Deadline: Currently accepting applications
Eligibility:

Applicants must be:

  • small businesses in the Town of East Gwillimbury, the Town of Georgina and the Township of Brock;
  • businesses in Scugog, Uxbridge, Whitchurch-Stouffville and King Township;
  • prospective clients seeking larger loans.
Application Steps:

Applicants must:

1. create an online account on the South Lake Futures website;

2. submit a completed and signed Business Loan Application and supporting documentation.

Documentation Needed:

Applicants must submit:
1. a copy of their business plan;
2. cash flow projections;
3. for existing businesses, their last 2 years financial statements.

Other Things to Note:

Their Business Financing also includes the Business Loans. They are part of the Community Futures Program for which is a general entry for Ontario.

About the author
mmuise