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  • About
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Micro Lending Program

by Maurice | February 1, 2023

Amount:

$5,000

Type of Program:

Loan


Description:

The Micro Lending Program has limited security requirements and is easy to access for those working on smaller projects. 

Comments on Funding:

Funding is a loan up to $5,000, at a rate of 8% over a maximum 2-year term, with a 5% cash equity recommended.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must be:

  • Aboriginal business owners;
  • operating and residing in Atlantic Canada;
  • working on smaller projects.

Application Steps:

1

Applicants must complete and submit the Client Inquiry Form;

2

Applicants will be provided with tools which will help them calculate loan repayments, create an online presence, and lots more while Ulnooweg reviews their client inquiry forms;

3

Applicants must review the funding options available to them based on their business and situation;

4

Applicants will receive support from the funding liaison to navigate the application process (the liaison will be responsible to send the application off for assessment).

Documentation Needed: 

No specific documentation has been identified.

Other Things to Note:

No other details available. 

Program Contact:

Business Funding - Ulnooweg Development Group

Related posts:

Indigenous Business Grants in Atlantic Canada (2023): Current List of Programs
Atlantic Canada Export Grants: Grow Into New Markets With These 12 Grants
Business Grants for Women in Atlantic Canada (2023): List of Programs
Black Business Grants in Atlantic Canada (2023): Complete List of Programs

About Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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