Small Business Loans
Great loan options from great people.
Get the financial support you need to grow your business with one of our flexible business loans. We’re known for saying ‘yes’ when everyone else says ‘no’. If you can’t get a loan from traditional banks, we can help.
Our business loans range up to $150,000 and include:
- Loans for starting a business
- Business expansion loans
- Technology investment loans
- New business loans
- Buying an existing business
With Community Futures, you borrow only what you need, when you need it.
Many of our clients start with one kind of loan product and over the years take advantage of our other great loans and programs.
Loan qualification and repayment terms are affordable and flexible. We take a broader view of your assets, income, and skills than traditional lenders such as banks.
Get access to a wide range of business support from business advisors who know rural business like no one else, including free business guidance and counselling.
How to get a small business loan
Learn more about Community Futures 5Cs of lending
How do I appeal a declined loan application?
Rejected Applications/Appeal Process:
The General Manager or Business Analyst will inform the client immediately following the Investment Review Committee decision meeting. The applicant will be sent a letter outlining the reason(s) for the rejection of the application. Appeals will be addressed by the Investment Review Committee only. All appeals must be made in writing
Upon an Appeal request:
Investment Review Committee meets and review the loan application
Committee analyzes the loan application and makes their final decision.
Client is advised by authorized personnel within 24 hours of the decision.
Only one appeal permitted per proposal, with the Board’s decision being final
Redress Process:
If the appeal is declined, the appellant may again appeal the decision in writing. The appeal should include reasons and new information supporting that appeal (redress.) For this appeal, a Redress or Appeals Committee consisting of not less than three (3) not more than seven (7) members representing two (2) or more Community Futures Corporations shall review the amended appeal application. This Adhoc Committee representative of Community Futures Corporations shall be the highest level of authority.
Accordingly, the decision will be considered final and binding on behalf of the Corporation that assessed, reviewed and declined the original and the initial appeal applications. If this joint Ad Hoc Appeals Committee, representing two or more CF Corporations, upholds the appeal and grants approval to the investment (loan) request as amended, the standard lending processes of the original CF Corporation will be undertaken and completed.
A fee plus all expenses associated with the Ad Hoc Committee shall be the responsibility of the appellant
There are options available if your application could not be funded at this time. Please contact us for more details.
