|
SCF Entrepreneurs with Disabilities Fund
The Advice and Business Loans for Entrepreneurs with Disabilities Loan Program is designed to improve access
to business services and other support mechanisms for Aboriginal entrepreneurs with disabilities, residing in
the Sto:lo Territory who are starting or expanding a small business.
The terms of this loan are as follows:
- Borrow up to $125,000 on approval of credit (O.A.C.)
- A 2% Application fee will be applied
- Flexible amortization terms (1 - 5 years)
- Interest Rate at Prime plus 2%
- Businesses must be 51% aboriginal owned/operated
- 15% minimum cash equity
Our mandate is to provide the best possible loan package to our clients. As such, we have built strong
partnerships with a range of other lending institutions such as:
- Indian and Northern Affairs of Canada (INAC)
- Aboriginal Business Canada (ABC)
- Tale'awtxw Aboriginal Capital Corporation (TACC)
- First Nations Agricultural Lending Association (FNALA)
To review SCF's Investment Fund Policy.
For general investment loans see SCF's General Investment Fund.
For Youth Lending programs see SCF's General Investment Fund.
For loans over $125,000 see the SCF's GrowthStart Fund.
For information on starting up a business, tips on developing a Business Plan and other useful business
information, see Business Counseling & Support Services.
|
