Prêt à terme (Term Loan)

By mmuise
Description:

The Native Commercial Credit Corporation (SOCCA) offers term loans to Indigenous businesses for business start-up, expansion and new business acquisition.


Comments on Funding:

Funding takes the form of loans. The amount of the loan is determined by the borrower’s repayment capacity.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be First Nations (Abenaki, Algonquin, Atikamekw, Huron-Wendat, Malecite, Micmac);
  • be Native Alliance of Quebec;
  • have the necessary financial resources (equity: 10% minimum of the cost of the project).
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise