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TACC Conventional Loan
Conventional business loans for Indigenous entrepreneurs in Coast Salish
Last Update: March 3, 2026
Funding available
$ 250,000
Timeline
- Open continuously
Location
British Columbia, Canada
Overview
Get up to $250,000 with a sliding scale interest rate and flexible amortization if you want to start or grow a business in the Coast Salish Territory.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Maximum amount : 250,000 $
- Up to 85% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- British Columbia
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
Next steps
1
Determine your project
2
Validate your eligibility
Eligibility
Who is eligible?
This grant is available to Aboriginal Entrepreneurs residing in the Coast Salish Territory who are either Status, Métis, Inuit, or Non-Status Indians. The businesses must be at least 51% Aboriginal owned or operated to qualify.Eligible geographic areas
This grant is available to companies located in specific geographical areas as determined by the funding body. It targets Aboriginal Entrepreneurs residing in Coast Salish Territory.
- Businesses operating within the Coast Salish Territory.
Additional information
Here are additional relevant details for this grant:
- The loan forgiveness portion is deducted in four installments of 10% each, which is based on specific terms and conditions outlined in the FCF Agreement.
- For FCF loans, flexibility in payment terms includes choices of monthly, semi-annual, or annual payments, which can assist with cash flow management.
- The structured forgiveness can significantly reduce the effective interest expense over the loan term on the FCF Loan.
- Business client care services come with a fee of 1.5% for both FCF and Conventional loans, highlighting a need to account for these additional costs in budget planning.
- The sliding scale interest rate of the Conventional Loan starting at 8% varies depending on the applicant's credit rating, indicating the importance of maintaining a good credit score.
Documents and links
Frequently Asked Questions about the TACC Conventional Loan Program
Here are answers to the most common questions about the TACC Conventional Loan. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the TACC Conventional Loan?
Get up to $250,000 with a sliding scale interest rate and flexible amortization if you want to start or grow a business in the Coast Salish Territory.
How much funding can be received?
TACC Conventional Loan Funds up to 85% of admissible expenses, capped at $250,000 per project.
Who is eligible for the TACC Conventional Loan program?
To be eligible for the TACC Conventional Loan program, you must:
Businesses must be at least 51% Aboriginal owned/operated.
A 15% minimum cash equity contribution is required.
Who can I contact for more information about the TACC Conventional Loan?
You can contact Tale'awtxw Aboriginal Capital Corporation.
Where is the TACC Conventional Loan available?
The TACC Conventional Loan program is available the province of British Columbia.
Is the TACC Conventional Loan a grant, loan, or tax credit?
TACC Conventional Loan is a Loans and Capital investments
Who are the financial supporters of the TACC Conventional Loan?
TACC Conventional Loan is funded by Tale'awtxw Aboriginal Capital Corporation
More programs like this
BC Manufacturing Jobs Fund (BCMJF) — Capital InvestmentMin $100,00020%- TACC First Citizens Fund (FCF) LoanMax $75,00085%
