Waubetek Business Development Corporation Business Loans
“FedNor. Waubetek Business Development Corporation”
$250,000.00
Maximum Eligible Amount
Repayable Contribution, Loan
Fund Type
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.
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