Community Futures Micro Loans — Cowichan
Community Futures provides financing alternatives to small and medium enterprises when access to credit is a challenge to starting or growing their business. Different than a bank, Community Futures uses different lending criteria, focusing on rural development and providing business financing to small local businesses. They also work in partnership with other business lenders, educational institutions, not-for-profits and community governments to grow and diversify the local economy.
Community Futures Cowichan has micro loans ranging from $500 to $5,000. Micro loan clients get assistance from business advisors who provide guidance and resources to help start and grow a business.
Learn more about Community Futures Cowichan Micro Loans Program.
Anyone in the Cowichan area with a viable business idea and demonstrated capacity to generate business cash flow is eligible to apply. Ideal applicants are:
- Entrepreneurs with great ideas and limited resources
- People looking to enter a trade or profession
- Newcomers to Canada who need to build credit history
- Young Entrepreneurs
Last updated: May 4, 2021