Financing Services
Through Government of Canada funding, North Claybelt CFDC administers a local investment fund aimed at helping finance new or existing small businesses and social enterprises for start-up, expansion or stabilization plans that help maintain or create jobs.
1
Access to Capital
Repayable financing of up to $750,000 MAY be available through term loans, loan guarantees or equity investments. Repayment terms are based on the situation and needs of the individual client.
2
Microloan Programs
2 Streams:
Business Enhancement Loans (marketing and leasehold improvements)
Working Capital
(funds to ensure operational expenses are paid)
3
Business Plan Initiative
Financial assistance to support eligible small businesses with the development of business plans, exportation plans, marketing plans, feasibility studies, etc., with the intention of expanding their operations.
How to Apply?
In order to be considered for financial assistance, you must be planning to locate, start, expand or maintain business operations within the North Claybelt CFDC catchment area.
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If you have any questions regarding the nature of the information we require to consider your small business loan request, please contact our team by telephone or email. We will gladly guide you through this process over a meeting in person at our offices, or virtually.
Address
50 A McPherson Avenue
P.O. Box 24
Kapuskasing, ON P5N 2Y1
Phone
705-337-1407
1-888-289-4233