Type of Program:
The Craft Supply Loans are intended to supply short term financial assistance to artisans, primarily for the purchase of supplies (raw materials used in the production of a product), in particular (but not limited to) the small producers and/or those just starting out in the craft sector.
Comments on Funding:
Funding is in the form of an interest-free loan up to $3,000.
There is a yearly administration fee of $60 for members and $70 for non members that will be deducted from the approved amount of loan.
Repayment period is up to 12-24 months of loan date. Payment in the form of post dated cheques will be required before any funds will be released.
When It Ends:
The applicant must: