Micro & Small Business Loans

An active micro & small business loan program is administered through our program partners, Bruce Community Futures Development Corporation (CFDC). Loans up to $150,000 can be made to new and existing businesses within Bruce County, which directly aid in the creation of new jobs and/or the preservation of existing jobs for residents of the area.

Bruce CFDC specializes in assessing business term loan opportunities to small businesses that have been unable to find financing through more traditional sources.

Financing may be considered for a variety of applications including:

• Start up financing of a new business
• Assistance to facilitate expansion plans of an existing business
• Inventory
• Working capital
• Equipment/Capital purchase or upgrades (including technology/telecommunications)

The Bruce CFDC financing program offers practical options for businesses needing alternatives. Clients are encouraged to explore traditional financing services toward assessing all financing options that may be available. Should bank or credit union financing not be available, or cannot fully meet client needs, the Bruce CFDC may offer a viable business financing option.

As a local financing option, the Bruce CFDC works cooperatively with area banks and credit unions in efforts to address client needs. Frequently, Bruce CFDC will work in conjunction with banks and credit unions toward financing a plan that allows for business startup, expansion and/or debt consolidation.

For more information on Loans and Business Services offered by the Bruce CFDC 

please visit www.bruce.on.ca or call

1-888-832-2232.