If you are presently eligible for Employment Insurance support and you have a viable business idea, take the time to look into the Self-Employment Benefit Program.
Community Futures Boundary offers loans of $200 - $5,000 at a fixed rate of 12% to eligible individuals. Micro Loan clients who make all loan payments on time and as agreed will receive 25% of the interest they paid as a rebate once the loan is paid in full.
Applicants with less than stellar credit records may still apply as each case is considered on an individual basis. Approval is based on character and business potential. If you are 19 or older, legally entitled to work in Canada, a resident of the Boundary Area and unable to get money from traditional lenders, you can apply for a Micro Loan at either Greenwood or Grand Forks offices.
Business Analyst
Tel: (250) 442-2722 ex: 222
CALL FOR ANY QUESTIONS ABOUT MICRO LOANS OR CONTACT US ONLINE TODAY!