Loans

We administer a local investment fund to help finance business start up, stabilization and expansion in Lanark County and North Leeds. .

Loans up to $300,000

A local investment fund for local entrepreneurs

Standard

Up to $300,000 for a variety of purposes, supporting multiple goals.  

Micro

Up to $15,000, for a variety of purposes, supporting multiple goals. Decision within 5 business days.

Women

Designed to advance women’s entrepreneurship in our Region. Successful applicants have free unlimited attendance for one person, to all Valley Heartland + five Small Business Advisory Centre workshops during the first year of their loan.  

Youth

Designed to advance youth entrepreneurship in our Region. Applicants must be between the ages of 18 and 30 at the time of the application and provide a viable Business Plan. Successful applicants have free unlimited attendance for one person, to all Valley Heartland + five Small Business Advisory Centre workshops during the first year of their loan.  

Lines of Credit

Draw on the value of the loan in blocks up to a set limit. Lines of credit are reviewed + renewed annually, interest rate is fixed for one year. Interest-only payments are paid monthly,  principal is due on demand.

SOFII

Financing support of high-growth and innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities Maximum Loan Amount: $500,000. Visit the official SOFII website to find out more. www.sofii.ca

Download Application

Questions?

Email us

Call us at 1-613-283-7002 or

Why a

CFDC loan?

  • We offer flexibility with repayment terms and monthly payment management.
  • We often offer special loan programs that respond to the needs of our community and local economy; it’s never a one size fits all approach.
  • We spend valuable time getting to know the business and owner on a personal level.
  • We know that for businesses to be successful, support has to go beyond a transaction
  • We provide ongoing free advisory services and go the extra mile to refer you to other programs that will help you reach your goals

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