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Business Loan2019-01-28T01:26:51+00:00

BUSINESS LOAN

Loan Criteria

Eligible Business Sectors

Business sectors that are saturated locally may not be financed.
It can create, purchase, expand or modernize a business.
A request to finance existing debt is not eligible.

  • Processing and Manufacturing

  • Information Technology

  • Services and Tourism

The business project must create/maintain jobs and the proposal will demonstrate:

  • innovation and not threaten the survival of another local business

  • viability with potential for growth

  • personal and entrepreneurial qualities of the promoter

The promoter will also:

  • inject funds,

  • own and operate the business on the territory covered by the SADC Pontiac Community Futures investment funds,

  • benefit from the technical coaching and support follow-up services included,

  • provide personal guarantees,

  • additional elements may be required and will be discussed between the promoter and the advisor.

Loan Uses

  • A CONVENTIONAL BUSINESS LOAN

  • SHARE-CAPITAL

  • JOINTLY FUNDED

Ready to apply? Fill out the application form and we’ll be in contact with you about how we can support your business.

Apply Now