Biz Boost Micro-Loans

Biz Boost Micro-Loans

Community Futures Sunrise Low-Interest Micro-Loans For Existing Businesses

Community Futures (CF) Sunriseā€™s Biz Boost Micro-Loans provide a low interest, flexible, business financing solution for entrepreneurs in the southeast region of Saskatchewan. CF Sunrise understands the difficulties that entrepreneurs face in the current economy. As a result, we are providing further support to small business owners in the form of quick, simple, online access to financing for working capital or expansion needs.

 

Entrepreneurs can apply for this Low-Interest Micro-Loan of up to $25,000, with the following terms:

  • Maximum loan of $25,000
  • Interest rate of prime + 2%
  • No principal payments for six months
  • No application fee
  • Repayment over three years, with no penalty for early payout
  • A one-time administration fee of 2%, which can be added to the loan amount

 

Basic Eligibility Requirements

  • Funds will be used to maintain or expand a business in the CF Sunrise region
  • Funds may not be used to prepay or refinance existing indebtedness
  • The business must demonstrate viability
  • A complete loan application has been submitted

 

If your financing needs are greater than $25,000, please contact CF Sunrise:  loans@cfsunrise.ca or 306.842.8803

 

To apply for a micro-loan, please click on the link below to start the online application process.

 

Please note: Once you submit your application, you will receive an email notification that is confirmation we have received your application and are working on your request. Rest assured a CF representative will contact you as soon as possible. Thank you for your inquiry.