Type of Program:



Wellington Waterloo Community Futures provides rural women in business loans that help with startup funds or expansion plans. The maximum loan size is $250,000.00 to be used for the purchase of fixed assets, leasehold improvements, inventory, expansion, start-up or working capital or a combination of any along with some consolidation.

Comments on Funding:

Funding is up to $250,000.

Loan terms and conditions:

  1. 1
    The loans have very flexible amortization and repayment terms.
  2. 2
    There are no prepayment penalties.
  3. 3
    A $250 fee will be charged on approved loans.
  4. 4
    Applicants are responsible for all legal costs to complete the loan securitization package. These funds can be paid for from the proceeds of the funds to be borrowed.

When It Ends:



Rolling deadline


Applicant must:

  • be women entrepreneurs who want to start or grow their businesses (business structure: sole proprietor, partnership, incorporation);
  • have their business in Wellington County or Waterloo Region, in the areas served by Wellington Waterloo Community Futures;
  • have a strong business plan.

Applications Steps:

Applicant must:


download the Application Form and Business Plan Template;


submit a completed Business Plan & Business Loan Application; 


discuss with a loan manager to clarify points in business plan or application as needed;


sign the Letter of Offer and return it to the Wellington-Waterloo CF, if approved. Funds are normally made available within 2 – 3 weeks after the signed Letter of Offer is returned to the Wellington-Waterloo CF

Documentation Needed:

Applicants must submit:

  1. 1
    a Business Plan & Business Loan Application;
  2. 2
    an up to date resume which includes work history, educational background and refers to any transferable skills the business owner has;
  3. 3
    other supporting documents, such as:
  • partnership agreement;
  •  letters of intent from customers;
  • existing contracts;
  • letters with terms of purchase from suppliers;
  • promotional literature;
  • Photographs of product or location.

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.


You may also like

Research and Development Grants for Ontario Businesses (2021): 23 Government Incentives to Boost Your R&D

Research and Development Grants for Ontario Businesses (2021): 23 Government Incentives to Boost Your R&D
Success message!
Warning message!
Error message!