Posted: February 10, 2022


No Fixed Amount

Type of Program:



The Microloan is a simpler and quicker way of getting smaller investment amounts approved and disbursed.

Comments on Funding:

No details found about the loan amount.
These microloans have a comparable rate of interest to our regular investments. The interest rate will be based on the term length and perceived risk of the investment.

When It Ends:



Rolling deadline


Applicants must:

  • Applicants must be small businesses in need of smaller investment amounts. 

Applications Steps:


Applicants must complete and submit the completed and signed application form found on Thunder Bay Ventures' website.

Documentation Needed:

Applicants must submit:

  1. 1
    Comprehensive Business Plan;
  2. 2
    3-Year Financial Statement or Financial Projections;
  3. 3
    Certificate of Incorporation or Master Business License;
  4. 4
    Canada Revenue Agency Document showing CRA logo, business name, and applicant name;
  5. 5
    Direct Deposit Form or Void Cheque;
  6. 6
    Resume or Curriculum Vitae;
  7. 7
    $100 non-refundable application fee by cheque or e-transfer. 

Optional documentation:

  1. 1
    Partnership agreement;
  2. 2
    Supplier’s Letters of Intent;
  3. 3
    Customer’s Letters of Intent;
  4. 4
    Record of Site Condition;
  5. 5
    Aged List of Accounts Receivable and Payable;
  6. 6
    Corporate By-Laws;
  7. 7
    Lease Agreement.

About the author 


Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.


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