Immigrant Loan Program

Amount:

$20,000.00

Type of Program:

Loan

Description:

Immigrant Loan Program is a pilot project that offers financing for temporary residents wishing to start a registered business in the area.

Comments on Funding:

Funding is up to $20,000 and is available in the form of repayable loan. Fixed interest will be charged at prime rate plus 3%.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicant must:

temporary residents,
aged 19 or older,
be wishing to start a registered business (seasonal and part-time businesses are acceptable).

Application Steps:

Applicants must submit their completed applications to patricia.macneil@cbdc.ca at Coastal Business.

Documentation Needed:

Applicants must submit the completed application form and the following documents:

Other Things to Note:

The exact geographical area is not mentioned.

Program Contact:

Immigrant Loan Program - Pilot Project

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