Business Financing For Small BusinessFor Aspiring and Existing Owners in the Yellowhead East Region of Alberta
Our business professionals are here to help you get you from where you are to where you want to go to fulfil our organization’s mission to help our communities thrive by supporting entrepreneurs from startup to success.
Our program provides loans covering up to 90% of your startup or expansion costs (up to a maximum of $150,000). These loans are available for community members needing financing to start, manage or grow their small business but who don’t qualify for traditional financing through banks. Unlike banks, our focus is on economic development, innovation and diversification. We love asking “What if?”
Our process is fairly quick once you have a comprehensive business plan. If you have a business plan, you’ll begin by submitting it for review prior to submitting your application.
If you need a business plan, we are here to help! You can opt for our free online business planning course or book an appointment for an in-person walk thru of everything you need to know to get started. Throughout the planning process, you’ll have access to the tools and information you need to get through the process.
Are you ready to get started?
If you have an idea and a business plan, you can start with a review of the plan to begin the application process. Once your business plan is cleared, you’ll submit your application, business plan and supporting paperwork with the $100 application fee. A meeting date will be set for you to present your business proposal to the Investment Review Committee. If the paperwork package is complete on application, our goal is to book the meeting within 10 days of application.
Click the dollar sign for a visual representation of the process.
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