Loans are available at CF for most business related purposes, including business start-up, seasonal requirements, working capital, and business expansion loans.
We also provide loans for business succession and business purchasing. If you are considering buying a business or want to assist key employees to develop an employee buy-in plan, call Community Futures to assist in the financial structure.
Community Futures believes in supporting businesses to be more sustainable. Investing in green technologies or upgrading buildings and capital equipment to meet environmental standards or to simply save expenses and emissions can be a sound business investment. Come and talk with us about how making your business "greener' can help your bottom line.
Special loan funds have been designated for entrepreneurs with disabilities and youth entrepreneurs as CF tries to support all members of the community.
Lending criteria:
- Start-up or existing businesses
- Demonstrated viability through a business plan
- Located in the North Okanagan
- Competent management
- Creates or maintains employment
- Ability to repay
- Reasonable personal investment
- Provision of adequate security
If you want to start the loan application process, please look at these forms and documents:
- Business Loan Application Form (.pdf ~ 78.1 kB)
- Personal Financial Statement (.pdf ~ 168.3 kB)
- Business Planning Guide (.pdf ~ 645.9 kB)
- Financial Forecast Worksheets (.xls ~ 212 kB / Choose "SAVE" option.)
For more information on business loans please contact:
LARRY HOGAN Loans Manager
3105 33rd Street,
Vernon, BC, V1T 9P7
T 250 545 2215 x 249
E larryh@futuresbc.com
(or contact the front desk at 250 545 2215 x 200)
