YOUTH BUSINESS LOAN
Young adults from 18 to 39 years of age
Interest free for the first 2 years.
It can create, purchase, expand or modernize a business.
A request to finance existing debt is not eligible.
The business project must create/maintain jobs and the proposal will demonstrate:
viability with potential for growth
innovation and not threaten the survival of another local business
personal and entrepreneurial qualities of the promoter
The promoter will also:
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.
Ready to apply? Fill out the application form and we’ll be in contact with you about how we can support your business.