BUSINESS LOANS
BUSINESS FINANCING TO FIT YOUR NEEDS

Let us work with you to tailor a financing and repayment solution that meets your business needs.

  • TAILORED BUSINESS LOANS

  • MICRO LOANS

  • RURAL-BASED BUSINESS FUNDING

Business loans are available to new and existing businesses located in the Town of Prescott and the Townships of Augusta, Edwardsburgh/Cardinal and the Municipality of North Grenville.


“Community Futures Grenville has been very engaging and worked with us to find the right resources to support our business through these challenging times. Their staff were very helpful and guided us through every step of the process."
-- BEKING'S ORGANIC INC.

helping your business grow

We provide our clients with the resources they need to reach their goals.

Micro Loans

Micro Loans

Your business may be eligible for a Micro‑loan up to $20,000.

GET THE MONEY YOU NEED FOR:

  • OPERATING COSTS

  • EQUIPMENT AND VEHICLE FINANCING

  • INVENTORY FINANCING

  • SHORT TERM CASH FLOW ASSISTANCE

Simple application
No fees – No security needed
Favourable rates

VIEW THE LOAN PROCESS

DOWNLOAD THE FORMS FOR EACH PARTNER / SHAREHOLDER

Business Loans

Business Loans

Need funds to start your new business?
Looking to expand or purchase equipment for your existing operation? We’ve got the flexible financing options that will work for you.

GET THE MONEY YOU NEED FOR:

  • OPERATING COSTS

  • EQUIPMENT AND VEHICLE FINANCING

  • INVENTORY FINANCING

  • SHORT TERM CASH FLOW ASSISTANCE

  • REAL ESTATE FINANCING

A customized financing solution, including flexible payment terms and no prepayment penalties are features we build into every loan.

VIEW THE LOAN PROCESS

DOWNLOAD THE FORMS FOR EACH PARTNER / SHAREHOLDER

NEED SOME
ASSISTANCE?

DARREN GALLACHER
DARREN GALLACHERBUSINESS LOANS OFFICERdarren@cfgrenville.ca

Specialized Loan Products

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Pre-Approved Community Improvement Plan (CIP) Matching Loan

Are you applying for a grant or loan under your municipality’s Community Improvement Plan? We can provide a matching loan, which can count towards your contribution to the project. Low interest rate and flexible repayment terms. Proof of municipal CIP approval is required.
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Pre-Approved Starter Company Plus Micro-Loan

Are you graduating from the Starter Company Plus program, with our friends at Leeds Grenville Small Business? You may be eligible for a pre-approved Starter Company Plus micro-loan up to $20,000. Favourable terms and low interest rates. Program completion is required.

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Not-for-Profit Loan

Eligible not-for-profit organizations may have access to favourable rates and terms. Please contact us to learn more.

LOAN APPLICATION PROCESS
HOW TO APPLY FOR YOUR LOAN

Business loans are available to new and existing businesses located in the Town of Prescott and the Townships of Augusta, Edwardsburgh/Cardinal and the Municipality of North Grenville.

  • Gather information about your request, how much is required, purpose, and how it will help your business

TO APPLY FOR A LOAN COMPLETE THE BELOW FORMS FOR EACH PARTNER / SHAREHOLDER

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RURAL BUSINESS
FUNDING AVAILABLE WITH SPECIAL INCENTIVES

If you’re an innovative rural-based SME whose management team has a proven ability to scale operations and are looking for capital, SOFII Rural is here to help.

  • Loans ranging from $150K - $500K (additional funding available on an exception basis)
  • Open and penalty free to be paid in full at anytime
  • Minimal collateral
  • Lower interest rates for Rural
  • Flexible amortization periods

Agri-Food

Agri-Food refers to the integrated agriculture and food industry, covering production, processing, distribution, and consumption of food products. It involves farming, food processing, and supply chain activities.

Advanced Manufacturing

Advanced Manufacturing involves cutting-edge technologies like automation, 3D printing, and AI to improve efficiency and precision in production processes. It encompasses innovative techniques that redefine traditional manufacturing methods.

Clean Technology

Clean Technology refers to eco-friendly innovations that minimize environmental impact. It includes renewable energy, sustainable materials, and efficient processes promoting environmental sustainability.

Digital Industries

Digital Industries encompass tech-driven sectors like IT, e-commerce, and digital marketing, using tech for efficiency, innovation, and growth in various fields.

Health and Biosciences

Health and Biosciences pertain to the study of living organisms and medical science, encompassing fields like biotechnology, pharmaceuticals, genetics, and healthcare, aiming to enhance well-being and advance medical knowledge.

For more information about SOFII and to see if you qualify, please contact SOFII Program Manager, Michelle Cathers at michelle.cathers@cfeasternontario.ca.