Term Loans

By mmuise

Thunder Bay Ventures provides financial assistance to businesses in the Thunder Bay CMA to new business starts and existing businesses.

Comments on Funding:

Funding is a loan of up to $150,000.
Interest rates vary with the level of risk.

Deadline: Continuous Intake

Applicants can be new business starts as well as existing businesses.

Application Steps:

Applicants must submit the online loan request to find out the application details.

Documentation Needed:

No specific documents have been identified.

Other Things to Note:

NWOIP loans: Community Futures Development Corporations (CFDCs) in Northwestern Ontario now have the ability to provide loans to Northwestern Ontario businesses in excess of their normal lending cap of $300,000, to as much as $600,000. With the help of the CFDCs’ funding partner, FedNor/Industry Canada, these loans are available to Northwestern Ontario Businesses for starting a new business or expanding an existing

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