Repayable Contribution, Loan

Waubetek Business Development Corporation Business Loans

The Waubetek Business Development Corporation offers a variety of business loans to establish, expand or purchase a business in the North Eastern Ontario region.

  • 4.5/5.0
  • FedNor. Waubetek Business Development Corporation
  • All levels
  • Last updated 2 years ago
  • English
Description

The Waubetek Business Development Corporation offers a variety of business loans to establish, expand or purchase a business in the North Eastern Ontario region.



  • Term Loans: Maximum $500,000 (up to $100,000 through the Aboriginal Economic Development Fund); Loans for Aboriginal Students/Youth for summer businesses - maximum $1,500; The Client Equity requirement for all of the above loans is 10%.
     
  • Bridge Financing: A temporary loan to carry or bridge projects until receipt of confirmed funds from third-party lenders or government agencies – Maximum $250,000.