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OCLF — Small Business Loans
Offers loans for small business startup or expansion
Last Update: March 4, 2026
Funding available
$ 15,000
Timeline
- Open continuously
Location
Ottawa, Ontario, Canada
Overview
The OCLF Small Business Loans program offers funding up to a maximum of $15,000 to support individuals in starting or expanding their businesses. Eligible activities include business establishment or growth within Ottawa, excluding debt consolidation.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Start a business
Eligible Funding
- Maximum amount : 15,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Ottawa
- Ontario
Legal structures
- Non-profit
- Sole proprietorship
- Public or Parapublic institution
- Non-financial cooperative
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
- Business Associations
Target groups
- Business owners / entrepreneurs
Revenue structures
- All structures
Scope
- Local
- Municipal
- Regional
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting a new business in the City of Ottawa.
- Expanding an existing business in the City of Ottawa.
- Investing in business operations where the applicant owns at least 51% of the business or has the necessary co-signers.
Eligibility
Who is not eligible
- Businesses planning to use funds for debt consolidation.
Eligible geographic areas
- City of Ottawa
Additional information
- OCLF's lending partners may have additional terms or requirements as part of their assessment process.
- The due diligence fee is non-refundable and is applicable only upon the approval of the loan.
- Interest rates on the loans will vary depending on the applicant's creditworthiness and market conditions.
- Securing a loan may enhance or improve the applicant's credit history if repayments are made regularly.
- The loan can be used for business operations but not for the repayment of existing debts.
- OCLF's review process includes a credit check, which may impact the applicant's credit score.
Frequently Asked Questions about the OCLF — Small Business Loans Program
What is the OCLF — Small Business Loans?
The OCLF Small Business Loans program offers funding up to a maximum of $15,000 to support individuals in starting or expanding their businesses. Eligible activities include business establishment or growth within Ottawa, excluding debt consolidation.
How much funding can be received?
OCLF — Small Business Loans Funds up to $15,000 of admissible expenses.
What expenses are eligible under OCLF — Small Business Loans?
Starting a new business in the City of Ottawa.
Expanding an existing business in the City of Ottawa.
Investing in business operations where the applicant owns at least 51% of the business or has the necessary co-signers.
Who can I contact for more information about the OCLF — Small Business Loans?
You can contact Ottawa Community Loan Fund (OCLF).
Where is the OCLF — Small Business Loans available?
The OCLF — Small Business Loans program is available the province of Ontario.
Is the OCLF — Small Business Loans a grant, loan, or tax credit?
OCLF — Small Business Loans is a Loans and Capital investments
Who are the financial supporters of the OCLF — Small Business Loans?
OCLF — Small Business Loans is funded by Ottawa Community Loan Fund (OCLF)