| Investment Fund | ||||||||||||
Any individual currently residing in our geographic service area may apply to the Investment Fund. This includes people of First Nation descent (status & non-status), Metis, and non-First Nation individuals. The priorities of the Investment Fund are to:
Financing up to a maximum of $150,000.00, in the form of loans, loan guarantees, and equity participation, is available to individuals or for-profit businesses with a well-documented business plan seeking to establish or expand a new or existing business. Applicants to the Investment Fund must have a minimum 10% personal cash equity of the total value of the financing request. Interest rates are available at a range from Prime plus 2-7 points above prime (Interest rates are fixed for the entire loan term).
For more information, please contact us. |
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