Small Business Loans in Lac La Biche
Business Loans
Our 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
Downloadable Application Forms
Micro-Loan
Our micro-loans are up to $20,000 and less fees.
Uses for micro-loans includes:
- Funding to implement your marketing strategy
- Financing to assist with getting your "books" in order
- Expansion or startup of businesses in any sector of the economy
- Any business purpose, including but not limited to the purchase of equipment, inventory and working capital
Benefit from the program's fast process and low fees
Capital Growth Initiative
Access low-interest loans designed specifically for women entrepreneurs, and offering flexible repayment options and forgivable loan portions if conditions are met.
Apply for personalized financing from $10,000 up to $75,000, giving you the freedom you need to reach your goals.
We’ve been providing flexible loans to small business owners since 1986, and we have the experience and expertise to get you the best advice for your business. Whether you need working capital or an expansion loan, we’ll work with your needs so that it fits into your budget.
With our flexible loan options, there are no hidden fees or penalties – just a simple interest rate that is competitive in today's market.
How to get a small business loan
Learn more about Community Futures 5Cs of lending.
Frequently Asked Questions
The best place to start is to schedule an appointment with one of our Business Analysts.
General eligibility criteria include:
- Your business must be located in a rural community of Alberta
- You must be involved in the day-to-day operations of the business
- You must be of legal age and a resident of Canada
- You must contact a bank first. If you are unable to secure appropriate financing under reasonable terms elsewhere, contact us.
