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WeBC — Business Loans for Women
Business financing for women in British Columbia
Funding available
$ 150,000
Deadline
Open continuously
Location
British Columbia, Canada
Who can apply
Women who own and control at least 51% of a business that is registered and located in BC, or 50% for wife-husband teams.
See full eligibility
Overview
WeBC’s Business Loans for Women support women in British Columbia who are Canadian Citizens or Permanent Residents of Canada and are starting, purchasing, or expanding a business. The program finances market-ready startups, business expansion projects, and business purchases, including leaseholds, equipment, and operating capital.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Start a business
- Launch or market a product/service
Eligible Funding
- Maximum amount : 150,000 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- British Columbia
Legal structures
- Sole proprietorship
- For-profit business
Annual revenue
- $ 2,000,000 maximum revenue
Organisation size
- All organization sizes
Audience
- Canadians
- Women
Next Steps
1
Determine your project
Availability timeline
2026
Periods: 1
Activities funded
- Market-ready startups
- Business expansion projects
- Business purchases
Documents Needed
- Completed loan application form for all owners and cosigners.
- Photo identification for all applicants.
- Business plan and summary of growth plan.
- Monthly cash flow projection for at least two years.
- Lease, purchase, franchise, partnership, or shareholders' agreements, if applicable.
Sources and recorded changes
- Source change captured
- Change recorded
- Record updated
A captured source change or record update does not confirm eligibility. Check the funder’s current rules before applying.
WeBC loans page adds Global Growth Loan
WeBC added a Global Growth Loan option for self-identifying women entrepreneurs in BC, with up to $50,000, a 25% equity contribution, prime + 2.5%, and no required security.
The WeBC loans page now includes a Global Growth Loan option for self-identifying women entrepreneurs in BC focused on market diversification, resilience, and growth across Canada and internationally. The new option shows up to $50,000 in financing, a 25% equity contribution, prime + 2.5% interest, up to five-year terms, and no required security.
Program guide
Application form
Application portal
Eligibility
Who is eligible?
- Women who own and control at least 51% of a business that is registered and located in BC, or 50% for wife-husband teams.
- Canadian citizens or Permanent Residents residing in BC who are over 19 years old.
Who is not eligible
- Businesses in the pre-start-up phase seeking seed or early-stage capital.
- Projects in research and development, beta testing, or prototype creation phases.
- Businesses where the owner does not have operational control (e.g., certain franchises).
- Businesses where the majority of revenue does not come from direct sales (e.g., multi-tiered marketing projects).
- Non-profit businesses or those not operating on a for-profit basis.
- Projects seen as speculative investments.
- Applications for refinancing existing debt from another lender.
- Businesses seeking loans over $150,000.
- Companies where required secondary financing is unconfirmed.
Eligible expenses
- Leaseholds, equipment and operating capital.
Eligible geographic areas
- Businesses registered and located in British Columbia (BC), Canada.
Selection criteria
- Strength and viability of the business plan.
- Demonstrated demand for the product or service through market research.
- Applicant’s business skills and management capabilities.
- Credit history and financial responsibility.
- Amount and form of personal equity contribution to the business.
How to apply
- Register for one of WeBC’s free phone-in Business Loan Info Sessions.
- Complete the registration form and connect using the Zoom link emailed to you.
- Gather all items on the Loan Application Checklist.
- During the session, the facilitator will review lending criteria, answer your questions, advise you on how to apply, and provide a resource package.
- If you have already attended a Business Loans Information session and would like more information or an application, email Kelly Masson, Business Advisor.
Processing and Agreement
- Applications are reviewed once all required information has been received.
- WeBC completes its assessment and gives a final lending decision in about four weeks.
- An Advisor works with applicants to determine eligibility and the most suitable loan program.
Additional information
- Loan recipients are provided with complimentary business advisory services, training, and mentoring as part of the program.
- Business plan and skill-building resources, such as guides, workshops, and an online resource library, are available to support applicants.
- Applicants must attend a loan info session before obtaining an application form to ensure understanding of the program and its requirements.
- Applications are reviewed with consideration of business plan strength, applicant experience, and available resources to help strengthen applications.
Contacts
Frequently Asked Questions about the WeBC — Business Loans for Women Program
What is the WeBC — Business Loans for Women?
WeBC’s Business Loans for Women support women in British Columbia who are Canadian Citizens or Permanent Residents of Canada and are starting, purchasing, or expanding a business. The program finances market-ready startups, business expansion projects, and business purchases, including leaseholds, equipment, and operating capital.
How much funding can be received?
WeBC — Business Loans for Women Funds up to $150,000 of admissible expenses.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the WeBC — Business Loans for Women program?
To be eligible for the WeBC — Business Loans for Women program, you must:
Registered and located in BC
At least 51% owned and controlled by a woman
For-profit business
What expenses are eligible under WeBC — Business Loans for Women?
Market-ready startups
Business expansion projects
Business purchases
Who can I contact for more information about the WeBC — Business Loans for Women?
You can contact WeBC by email at kelly@we-bc.ca or by phone at 1.800.643.7014.
Where is the WeBC — Business Loans for Women available?
The WeBC — Business Loans for Women program is available the province of British Columbia.