Disaster Recovery Business Loans
When disaster strikes, businesses need help. We’re here to help fund your recovery.
Through our Economic Disaster Relief Program (EDRP), Community Futures North Okanagan supports the local business community.
We offer timely, flexible, and repayable financing for the business community affected by wildfires, smoke, and water restrictions.
Am I eligible?
Supporting Your Business’ Recovery
The Disaster Recovery Business Loans are timely, flexible and repayable financing for North Okanagan businesses who operations were directly or indirectly impacted by wildfires, water restrictions or air quality advisories.
Basic Eligibility Criteria:
- A for-profit business, co-operative, or social enterprise (sole proprietorship, partnership, or incorporated entity)
- Operates in the North Okanagan service area (Coldstream, Vernon rural, Lumby, Cherryville, Enderby, Armstrong-Spallumcheen, and surrounding electoral areas)
- Was an active business prior to the disaster event and intends to continue operating in the service area
- Has no unresolved issues on an existing CFDC North Okanagan loan
- Both directly and indirectly impacted businesses
Ready to get help with your business recovery?
About Community Futures
From our office in downtown Vernon, Community Futures North Okanagan offers employment, business and economic development services to help residents build their future and the community. We service Armstrong, Coldstream, Enderby, Grindrod, Lavington, Lumby, Mara, Okanagan Indian Band, Spallumcheen, Splatsin and Vernon.
