Amount:$100,000 Type of Program:Loans Description:CBDC NORTIP offers financial assistance to commercial entities wanting to start or expand a small business. CBDC NORTIP’s equity loans have a maximum limit of up to $100,000. Comments on Funding:Funding takes the form of equity loan of up to $100,000 or 10% of the cost of the project, which ever is…
Amount:No Fixed Amount Type of Program:Loan Guarantee Description:CBDC NORTIP offers financial assistance to organizations wanting to start or expand a small business. Comments on Funding:Funding takes the form of loan guarantees, with the following criteria: The Corporation will only guarantee a chartered bank’s authorized line of credit, or overdraft protection to the approved limit established by…
