We administer a local investment fund to help finance business start up, stabilization and expansion in Lanark County and North Leeds. .
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We administer a local investment fund to help finance business start up, stabilization and expansion in Lanark County and North Leeds. .
A local investment fund for local entrepreneurs
Up to $300,000 for a variety of purposes, supporting multiple goals.
Up to $15,000, for a variety of purposes, supporting multiple goals. Decision within 5 business days.
Designed to advance women’s entrepreneurship in our Region. Successful applicants have free unlimited attendance for one person, to all Valley Heartland + five Small Business Advisory Centre workshops during the first year of their loan.
Designed to advance youth entrepreneurship in our Region. Applicants must be between the ages of 18 and 30 at the time of the application and provide a viable Business Plan. Successful applicants have free unlimited attendance for one person, to all Valley Heartland + five Small Business Advisory Centre workshops during the first year of their loan.
Draw on the value of the loan in blocks up to a set limit. Lines of credit are reviewed + renewed annually, interest rate is fixed for one year. Interest-only payments are paid monthly, principal is due on demand.
Financing support of high-growth and innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities Maximum Loan Amount: $500,000. Visit the official SOFII website to find out more. www.sofii.ca
Download Application
Why a
CFDC loan?
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