First Citizens Fund — Business Loan Program

• Completed signed application form, especially the net worth section.
• Identity and ancestry documents for individuals: status card front and back, Nisga’a Citizen Card, Métis card, birth certificate and Driver’s License.
• Business registration documents, and for corporations or limited companies, articles of incorporation and proof the applicant can borrow or access programs on behalf of the corporation.
• Financial, business plan and security documents: detailed asset listing for collateral, 3-Year projected cash flow, income statement and balance sheet, 3 years of historical financial statements, Notices of Assessments, Income Tax Returns, price quotes, and an appraisal or survey.
• Supporting documents such as a Band Council Resolution or Board of Director’s motion, proof of cash equity, proof of commitments from other financial sources, signed leases, contracts, letters of support and photographs.

Who is eligible?

• Individuals, groups, partnerships, organizations, communities, co-operatives and corporations.
• Individuals, partnerships, companies and joint ventures that are at least 51% owned and controlled by First Nations.
• Persons, businesses incorporated or unincorporated, not-for-profit societies and band organizations.

Eligible expenses

• Land.
• Building.
• Equipment.
• Eligible capital and business support, including business plans, marketing and other related business support services.

Ineligible Costs and Activities

• Alcohol.
• Tobacco.
• Gambling.
• Pornography.
• Cash stores, passive investments in real estate, and any other activity where the applicant is not fully involved.

Eligible geographic areas

• TRICORP’s service area extends east-west from Haida Gwaii to Burns Lake and south-north from Hartley Bay to the Yukon Border.

• The applicant’s skills, training and certification are assessed to determine the viability of the proposed venture.
• Business viability is assessed.

• Fill out and submit the ABEP Application Form online, or download, complete and email back the ABEP application.

• TRICORP assesses all loan applications to ensure viability and to confirm they meet the criteria for the relevant loan program.
• TRICORP may approve or decline loans, establish repayment terms, set security requirements and obtain necessary legal documentation.
• TRICORP is responsible for the collection of loans, including the initiation of legal action if necessary.
• ANTCo administers the First Citizens’ Fund Loan Program, and the Province may use program information for contract and monitoring, program research and evaluation purposes.
• ANTCo, the Province or the Business Support Officer may contact the borrower for future program evaluation survey purposes, and Tricorp may release certain borrower information subject to the Freedom of Information and Protection of Privacy Act.