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| Loan Criteria |
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| Updated: November 17th 2008 - Added: March 25th 2008 | | Clients are encouraged to explore traditional financing services first. Should bank financing not be available, or not fully meet the clients needs, Renfrew County Community Futures Development Corporation may offer a viable business financing option.
We take the following into account when you apply for assistance:
adequate security... [More] |
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| Loan Purposes |
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| Updated: November 17th 2008 - Added: March 25th 2008 | | The Renfrew County Community Futures Loan Program can help to finance any viable business venture up to a maximum of $150,000 for the following purposes:
Equipment purchases
Real estate purchases
Expansion expenses
Start-up costs. [More] |
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| Business Loans - Application Process |
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| Updated: November 17th 2008 - Added: March 25th 2008 | | 1. Please contact our Business Development Officer (BDO) for an initial interview concerning your application. This discussion is an information exchange where we provide you with an overview of our services and you provide us with an overview of your business plan and financial requirements.
If you decide to proceed, the BDO will provide you... [More] |
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| Access to Capital |
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| Updated: November 18th 2008 - Added: May 5th 2008 | | The goal of the Access to Capital Program under the Eastern Ontario Development Program(EODP) is to provide funds to support incremental projects that will assist in the long term economic development of Renfrew County. Through providing Access to Capital for building retrofit, our region will benefit from more desirable options for places to... [More] |
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| Social Enterprise Loan |
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| Updated: November 17th 2008 - Added: June 9th 2008 | | Loans in support of Social Enterprises could be offered an interest rate below prime. The application process and documentation required are the same for all enterprises. [More] |
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| Business Loans - FAQ |
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| Updated: November 18th 2008 - Added: March 25th 2008 | | What is your interest rate?
Interest rates start at prime plus 2%, depending on the level of risk involved with the loan.
What makes RCCFDC different from a regular lending institution?
At Community Futures, we have developed loan criteria that look beyond conventional financial formulas, we look at the whole plan. We want to work... [More] |
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