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 with a loan application package containing the Loan Application, Personal Net Worth Statement and Application Checklist.
2. Develop a business plan, including 3 year financial projections.
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Download a cash flow template and information regarding a business plan at the top of this page.
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3. Complete the Loan application and Personal Net Worth Statement.
4. Refer to the application checklist for additional information that should accompany your application.
5. Submit your completed package to the BDO.
6. A credit check will be conducted on all applicants.
7. Supply any additional information that is requested by the BDO.
8. Loans are presented to the RCCFDC investments committee (comprised of local volunteers) for approval.
Our Business Development Officer will analyze your loan application package and present it to the Investment Committee. Decisions are based on the strength of your business plan, your ability to repay, available security, impact of job creation or maintenance and the impact on long term growth for the community.
The BDO will then contact you regarding the committee’s decision. If your loan has been approved, you will receive a “Letter of Offer”, outlining the terms and conditions of the loan.
9. Upon acceptance of the Terms and Conditions set out in the offer, we will commence preparation of legal security documents.
10. Once the security documents are completed, we will be in a position to disburse the funds. | 
