CBDC Business counselling
Highlights
Hello,
We understand that running a business can be challenging, and finding the right support is crucial. This program is designed specifically for business owners like you in Atlantic Canada. Whether you're launching a new venture or looking to grow an existing one, this program offers expert business counselling and advice tailored to your unique needs. It's like having a trusted advisor by your side, helping you navigate the complexities of business with ease.
Why should you apply? Here’s what’s in it for you:
- Expert Guidance: Access to seasoned professionals who provide valuable insights and practical advice.
- Tailored Support: No matter your industry or business size, the program adapts to your needs.
- No Financial Limits: Unlike other programs, there are no set budgets or funding limits, ensuring you get the support you need without constraints.
By participating, you'll gain the tools and knowledge to tackle challenges head-on and seize new opportunities. It's an easy process to qualify, and the benefits are designed to make a real difference in your business journey. We’re here to help you succeed.
Financing Details
Loan: The financing provided is in the form of a repayable loan, designed to support your business's growth and stability.
Repayment Terms and Interest Rates:
- The loan comes with a competitive interest rate, ensuring affordability.
- Repayment terms are flexible, with options to extend based on your business's financial performance.
- No early repayment penalties, providing you with the flexibility to settle the loan as your finances allow.
Eligible Expenses:
- Funds can be used towards operational costs, equipment purchases, and property improvements.
- Marketing and advertising expenses are also covered to help you expand your business reach.
- Training and professional development for your staff to enhance skills and capabilities.
Restrictions on Use of Funds:
- The loan cannot be used for refinancing existing debts.
- Funds are not eligible for personal expenses or non-business related activities.
Fees:
- A one-time application fee is applicable to process your loan.
- No hidden charges or annual fees are involved, ensuring transparency.
Qualifications
- Business must be located in New Brunswick (NB), Newfoundland and Labrador (NL), Nova Scotia (NS), or Prince Edward Island (PEI).
- Open to both new and established businesses.
- Available for business owners and entrepreneurs seeking counselling and advice.
Description
Starting or growing your business can feel like a big task. That's where this program comes in. It's all about giving you expert advice and guidance to help your business succeed. Whether you're just starting out or have been in the game for a while, this program offers business counselling and assistance tailored to your needs.
The best part? There are no limits on the size of your business or the industry you're in. It doesn't matter how many employees you have or how much revenue you make. This program is available to all businesses in Atlantic Canada, across all sectors. It's designed to be flexible and inclusive, ensuring you get the support you need.
Think of it as having a trusted advisor by your side. With no set budget or funding limits, the focus here is on providing valuable insights and practical advice to help you navigate challenges and seize opportunities. It's a chance to tap into resources that can make a real difference for your business.
Program Steps
Contact Your Local CBDC Office
Reach out to your nearest Community Business Development Corporation (CBDC) office to express your interest in the program.Prepare the Required Documentation
Gather the necessary documents to support your application. You will need:- A business plan or summary of your business
- Financial statements (if applicable)
- Identification (e.g., driver's license or business registration)
- Any relevant permits or licenses
Complete the Application Form
Fill out the application form provided by the CBDC. Ensure all sections are filled out accurately.Submit Your Application
Send your completed application form along with the required documentation to your local CBDC office.Schedule a Consultation
After submitting your application, arrange a meeting with a CBDC advisor to discuss your business needs and how the program can assist you.Follow Up
Keep in touch with the CBDC office to check the status of your application and ensure you receive the support you need.