
Community Futures Saskatchewan — Loans
- Closing date : May 21, 2024
Overview
Get a loan of up to $150,000 to start, expand or buy a business in a rural community.
At a glance
Funding available
- Reduce environmental footprint
- Access new markets
- Launch or market a product/service
- Maximum amount : 150,000 $
- Closing date : May 21, 2024
Eligible candidates
- All industries
- Saskatchewan
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Rural or Northern Residents
Next Steps
Activities funded
This loan program is designed to support businesses in rural communities by providing financial assistance for specific business needs. Eligible activities include starting new businesses, expanding existing ones, or purchasing a business in these areas.
- Starting a new business in a rural community.
- Expanding an existing business in a rural community.
- Purchasing a business within a rural community.
Eligibility
Who is eligible?
Eligible applicants for the Community Futures loans include new business start-ups, businesses planning expansions, or those looking to purchase a business in rural communities. The businesses must be located within the jurisdiction of the local Community Futures office, which determines eligibility and provides the tailored financial solutions based on individual business needs. Applicants are encouraged to contact their local office for detailed eligibility requirements and application procedures.Eligible expenses
This loan program is tailored for new businesses, business expansions, and purchasing existing businesses in rural communities. It aims to support economic growth and development at the local level.
- Financing for new business start-ups to help enter the market.
- Funding for business expansions to increase capacity or enter new markets.
- Loans for purchasing existing businesses to sustain community-centric enterprises.
Eligible geographic areas
This grant supports businesses in rural communities within Saskatchewan, as delineated by the Community Futures program. Eligible companies must be situated in these specified areas to qualify for the loan support.
- Companies located in rural communities across Saskatchewan.
Additional information
Community Futures loans are customized financial solutions specifically for rural businesses, aimed at start-ups, expansions, or acquisitions. Here's additional information:
- Maximum loan amount: $150,000 per entity *
- Fixed interest rate and amortization decided at application
- No repayment penalties
- Application and administration fees apply (contact local Community Futures office)
- Reach out to local Community Futures office for detailed program information and application forms