CFDC of Central Interior First Nations Business Loans
Direct business loans for Indigenous entrepreneurs, businesses, communities, and bands in Kamloops and the Central Interior region.
About this program
The Community Futures Development Corporation of Central Interior First Nations provides small business loans and economic development support for Indigenous entrepreneurs and communities in the Thompson, Shuswap, Nicola, Fraser Canyon, Lillooet, and Okanagan areas, including urban and rural applicants in Kamloops. Loan portfolios include General Business Loans up to $125,000, Disability Investment Fund loans up to $125,000, Community Business Loans up to $250,000, Agriculture Business Loans up to $125,000, an Indigenous Women Entrepreneurs Micro-Loan Fund up to $60,000, and a Youth Investment Fund for applicants aged 15 to 29.
Eligibility
Eligible applicants are Indigenous entrepreneurs, businesses, communities, or bands living on or off reserve in the CFDC of CIFN service area, including Kamloops and the Central Interior region.
Requirements
- Applicant must be an Indigenous entrepreneur, business, community, or band in the CFDC of CIFN service area.
- Applicant must prepare and submit a business plan as part of the loan application.
- Applicant must complete a personal financial net worth statement and permit a personal credit check.