SMEDCO Blended Financing (SBF)

By mmuise
Description:

This Financing package is designed to create the most affordable primary term debt for Métis Entrepreneurs in Saskatchewan. SMEDCO has combined traditional financing with non-repayable contributions to create a low-cost borrowing option compared to basic mainstream financing options.


Comments on Funding:

Contributed equity may be considered on a case by case basis. 3rd party appraisal required for assets to be contributed to the project.
Non-repayable contribution is dependent on CASH Equity provided. The applicant must have a minimum 10% cash equity.

Deadline: Currently accepting applications
Eligibility:

Project eligibility criteria:

  • Métis owned and Controlled.
  • The project is viable and provides a reasonable income to the owners.
  • Applicants must reside within Saskatchewan and business is headquartered in Saskatchewan.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise