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Indian Business Corporation Services
Last Update: March 24, 2026
British Columbia, Canada
Loans for First Nations' businesses in British Columbia
Loans and Capital investments
Overview
Loans for agriculture and live stock purchases, heavy equipment and machinery, and other viable business opportunities.
At a glance
Funding available
Financing goals
- Buying or selling a company
Eligible Funding
- Up to 10% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
Location
- British Columbia
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
Activities funded
- Starting or expanding a business venture.
- Financing a business project backed by approved assets as collateral.
- Projects involving livestock financing where applicable.
Examples of admissible projects:
$ 25,000
Implementing advanced irrigation systems for local community gardens
$ 130,000
Purchasing organic seeds and livestock for sustainable agriculture
$ 150,000
Purchasing heavy machinery for expanding dairy farming operations
$ 35,000
Creating a beekeeping operation for local honey production
$ 50,000
Developing an urban farming initiative for local food production
$ 200,000
Upgrading equipment for family-owned organic farm operations
Documents Needed
- BCR (re: IBC reserve access)
- Business plan or outline, where applicable
- Printable application form
Eligibility
Eligibility for this grant is determined by specific requirements related to the venture's financial and technical standing.
- The venture must have a minimum owner equity of 10%, with at least half in cash equity.
- The venture must demonstrate technical and financial viability.
- All loan collateral must be free and clear of liens.
- Credit rating must be acceptable to IBC, with no outstanding judgments or collections.
Who is eligible?
- Businesses seeking financing secured by assets acceptable to Indian Business Corporation Services (IBC)
- Venture-based businesses with owner equity and technical and financial viability
Who is not eligible
- Businesses that cannot provide the minimum 10% owner equity required for loans.
- Businesses unable to secure financing with assets satisfactory to IBC.
- Applicants with unresolved credit problems, such as outstanding judgments or collections.
- Businesses whose loan collateral is not free and clear of liens.
- Ventures that do not meet IBC’s technical and financial viability requirements.
Eligible expenses
- Business assets used as collateral for the loan.
- Existing or purchased livestock secured under the financing arrangement.
Selection criteria
- Technical and financial viability of the venture.
- Owner equity of at least 10%, with at least half in cash equity.
- Acceptable credit rating, with past credit problems resolved.
- Security and collateral satisfactory to IBC, with collateral free and clear of liens.
How to apply
1
Review Eligibility Criteria
- Ensure your business meets the owner equity and collateral requirements specified by IBC.
- Verify that your credit rating is acceptable and that all past credit issues are resolved.
2
Gather Required Documentation
- Prepare a BCR regarding IBC reserve access.
- Draft a comprehensive Business Plan or Outline, if applicable.
3
Download Application Form
- Visit the IBC webpage.
- Download the printable application form available in PDF format.
4
Complete Application Form
- Fill out the downloaded application form thoroughly and accurately.
- Review all information for completeness and correctness.
5
Submit Application
- Submit the completed application form along with all required documents to the designated IBC point of contact.
- Ensure submission is made before any specified deadlines.
Processing and Agreement
- The business case is reviewed by Indian Business Corporation Services after the application is submitted.
- The organization assesses the venture’s technical and financial viability.
- Loan approval is based on whether the financing can be secured with assets satisfactory to IBC.
- If approved, the financing is subject to the organization’s terms and conditions.
- All collateral must be acceptable to IBC and free of liens.
Additional information
- The venture must have owner equity, technical viability, and financial viability.
- All financing must be secured by assets satisfactory to IBC.
- Existing and/or purchased livestock will be branded with the IBC brand.
- Required documents include a BCR and, where applicable, a business plan or outline.
