Commercial/Agriculture Loans

By mmuise
Description:

SIEF offers commercial and agricultural loans to First Nation entrepreneurs and businesses in the form of developmental loans.


Comments on Funding:

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Deadline: Continuous Intake
Eligibility:

The applicant must be:

  • First Nations and a resident of Saskatchewan;
  • at least 18 years old;
  • starting a new business, acquiring an existing business, or expanding a current business.

    The business must be:
  • First Nation-owned with at least 51% ownership;
    2 operating in Saskatchewan or perform the majority of the work/operation in Saskatchewan.
Application Steps:

-

Documentation Needed:

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Other Things to Note:

The following loans are available to those who meet the eligibility criteria:
1. Capital loans: Businesses usually need to purchase assets to begin operating. SIEF can provide a loan for purchases for your business.
2. Operating loans: Daily operations may see your business running short on cash. SIEF may be able to provide a short-term loan to meet these needs.
3. Participation loans: SIEF will consider partnering with another financial institution in Saskatchewan should your financing needs exceed the lending limits of SIEF.

About the author
mmuise