Type of Program:
TRCDC provides financing up to $1,150,000 to First Nations entrepreneurs in their service area. Loans are available to assist with: starting a new business, expanding an existing business, acquisition of an existing business, purchasing equipment, and working capital for inventory and day to day expenses.
Comments on Funding:
Funding is up to $1,150,000 for General Loans.
Loan terms and conditions:
- 1Adequate security is required (which could include both business and personal assets).
- 2Flexible repayment terms are available.
When It Ends:
Academic institutions must:
connect with TRCDC's Business Support Team to discuss business financing options;
submit an application;
submit a more detailed business plan;
sign agreements, including loan repayment terms.
Applicants must submit:
- 1an application form;
- 2a detailed business plan.
Other Things to Note:
Two Rivers service area:
- 1First Nations: