CBDC GENERAL BUSINESS LOAN                 Back to  Listing of All Business Loan Products

This general business loan product is for existing entrepreneurs and businesses to finance their ongoing business operations and activtiies in a community served by the CBDC South Coast.  This program offers flexible repayment terms tailored to the needs of the existing entrepreneur and their business endeavours.

- Term loans to a maximum of $150,000 and possibly more.
- Loan repayment term of up to 10 years and up to 15 years for certain assets.
- Fixed interest rates - general loan product interest rates applicable.
- Flexible repayment options to fit the business cash flow.
- Secured lending requirements.
- Non-refundable application fee of $100, and if approved, an administration fee of 1.25% (minimum $500).
- Projects are subject to competitive impact  considerations, viability asessment and application review.
- Some projects may be ineligible due to environmental risk restrictions.

Ready Capital - Standby ready capital financing to keep pace with opportunities.
Operating Capital - Credit line capital financing to match business venture cycles.
Growth Capital - Maintenance, expansion and/or business modernization loans.
Start-up Capital - New business concept and/or business purchase opportunity loans.

For more information, please call 1-888-303-2232 from with Coast of Bays Region or (709) 538-3846.

         Back to  Listing of All Business Loan Products

CBDC General Business Loan
South Coast