CBDC Westmorland Albert General Business Loan
CBDC Westmorland Albert provides business loans of up to $150,000 for startups, expansions, modernization, and business acquisitions in the Greater Moncton region.
About this program
CBDC Westmorland Albert serves entrepreneurs and small businesses in southeastern New Brunswick, including Moncton, with repayable financing and business advisory support. Its general business loan can support startup, expansion, modernization, equipment, working capital, and business purchase needs where conventional financing is unavailable or insufficient. The program is intended for viable small businesses and is assessed through CBDC's local due diligence process.
Eligibility
Entrepreneurs and small businesses in CBDC Westmorland Albert's service area, including Moncton, may apply for eligible business startup, growth, modernization, or acquisition financing.
Requirements
- Business must be located in the CBDC Westmorland Albert service area.
- Applicant must submit a business plan or project plan with the financing request.
- Applicant must provide financial information, forecasts, cost estimates, and ownership details requested by CBDC.