Loan amounts depend on a few key factors:

• Your equity contribution
• Collateral or security provided
• Business’s ability to repay (serviceability)
• Jobs being created
• Overall financial need 

Tip: Speak with one of our Business Analysts to assess your eligibility. Contact us

• Interest Rates: Based on TD Bank Prime + 3% to 5%
  (Minimum base rate of 6% may apply)
• Fixed Rate: Locked in for the full loan term
• Maximum Term: 5 years

Yes. All applicants must:

• Contribute at least 10% equity
• Offer business and/or personal assets as security
  (We can take second-position security behind other lenders if needed.)

Eligible business uses include:

• Starting or expanding a business
• Purchasing new technology or equipment
• Upgrading facilities
• Creating marketing materials
• Building working capital

Personal loans are not eligible (e.g., no personal-use vehicle purchases).

To be eligible, you must:

• Operate (or plan to operate) a business in the North Central Region
• You must self declare a disability or other health condition (no medical documentation is needed)
• Contribute the minimum required equity
• Own or plan a business that is economically viable
• Meet all regulatory and licensing requirements
• Undergo a credit check
• Show attempts to access other financing sources

Once your full application is submitted, it typically takes 2–4 weeks for a decision. Applications are reviewed monthly by our volunteer board of directors.

1. Book an appointment with our team to discuss your idea.
2. Submit a completed Loan Application, including:
   • Financial forecasts and/or statements
   • Quotes for equipment, supplies, etc.

Click here to download Loan Application Form

A formal business plan is not required, but we strongly recommend creating one. A solid plan will help you:

• Define your goals and strategy
• Determine if your idea is viable
• Improve your chances of approval

We offer support with:

• Business plan templates and workbooks
• One-on-one assistance with drafts
• Financial projections

Click to download  Business Plan Template

We can also help with:

• Business plan guidebooks
• Market research and industry data
• Demographic and statistical information
• Ongoing business plan reviews

Most communities require a business license, Band Council Resolution (BCR), or payment of business tax. Check with your local municipal or band office for details.

You don’t need to live in the North Central region — but your business must operate within it to qualify for our funding.