Community Futures Thompson Country Business Loans
Flexible business loans for entrepreneurs and businesses starting, buying, or expanding operations in Kamloops and the Thompson region.
About this program
Community Futures Thompson Country provides business loans for entrepreneurs and businesses in Kamloops, Barriere, Chase, Clearwater, and the surrounding Thompson region. Financing can support business start-up, seasonal requirements, working capital, expansion, new products, market expansion, store improvements, equipment, inventory, and other business purposes. The organization offers flexible repayment terms, competitive rates, no pre-payment penalty, and microloans of up to $20,000, with general loan decisions based on business viability, management capacity, job creation, personal investment, repayment ability, security, and business planning.
Eligibility
Eligible applicants are entrepreneurs and businesses in the Community Futures Thompson Country service area, including Kamloops, seeking financing to start, purchase, operate, or expand a business.
Requirements
- Applicant must operate or plan to operate in the Community Futures Thompson Country service area.
- Loan must be for an eligible business purpose such as start-up, working capital, expansion, equipment, inventory, or market development.
- Applicant must complete the official loan application process.