This program is perfect for you because it offers affordable financing tailored specifically for Métis entrepreneurs in Saskatchewan. By combining traditional loans with non-repayable contributions, it provides a low-cost borrowing option that is more attractive than mainstream financing.

What You Get

• Best rates and terms available for Métis-owned businesses
• Financing for start-ups, acquisitions, and expansions
• Non-repayable contributions to reduce your overall debt

Why Apply?

• Low-cost borrowing means you save money
• Flexible financing solutions for every stage of your business
• Expert support from an organization with 36 years of experience

Applying is straightforward, and if approved, you will benefit from the most affordable primary term debt available, helping you grow and sustain your business effectively.

Type of Financing:

• Blended Financing: This financing combines traditional loans with non-repayable contributions, making it a low-cost borrowing option.

Repayment Terms and Interest Rates:

• Interest Rates: Competitive rates tailored for Métis entrepreneurs.
• Repayment Term: Flexible terms based on the business's needs and stage of development.

Eligible Expenses:

• Business Start-ups: Costs associated with starting a new business.
• Acquisitions: Expenses related to purchasing an existing business.
• Expansions: Costs for expanding current business operations.

Ineligible Expenses:

• Personal Expenses: Funds cannot be used for personal use or non-business-related expenses.

Fees:

• Application Fee: No specific fees mentioned, but standard application processes apply.

• Must be Métis owned and controlled.
• Business must be headquartered in Saskatchewan.
• Applicants must reside within Saskatchewan.
• Must provide 10% cash equity.
• Project must be sound and viable.
• Project must provide a reasonable income to the owners.

Disqualifications:

• Applicants not residing in Saskatchewan.
• Businesses not headquartered in Saskatchewan.
• Projects that are not viable or do not provide reasonable income to the owners.
• Inability to provide 10% cash equity.

This program offers a unique financing package designed to help Métis entrepreneurs in Saskatchewan. You can access low-cost borrowing options that combine traditional financing with non-repayable contributions. This makes it more affordable than mainstream financing options.

You can use the funds for:

• Starting a new business
• Acquiring an existing business
• Expanding your current business

Key benefits include:

• Low-interest rates and favorable terms tailored to your needs
• Non-repayable contributions that reduce your overall borrowing costs

To qualify, you need to provide 10% cash equity. The program may also consider contributed equity on a case-by-case basis, with a third-party appraisal required for contributed assets.

This is a great opportunity to secure funding for your business with the best possible rates and terms. Take advantage of this program to help your business grow and succeed.