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Loan Criteria

Added: March 25th 2008 - Updated: November 17th 2008

Loan Criteria

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
  • creation or maintenance of jobs
  • economic viability of the business
  • assessment of management skills and abilities
  • client character including credit history
  • ability of the business to repay the loan
  • adequate security creation or maintenance of jobs
  • environmental factors
  • business location (must be located in Renfrew County)