Micro Business Loans

You can apply for up to $10,000 in funding for your business if you have a completed one of Momentum’s Business Development programs, have a business plan, and acceptable credit history.

Sometimes you need a little extra support to start or expand your business, but may face difficulty getting a loan from a bank or credit union. You may be eligible to receive a Momentum Micro Business Loan – where your character and commitment towards your business mean more than your credit history.

The Micro Business Loan can be used to pay for business costs such as: licensing and registration, tools or equipment, advertising and marketing, relevant trade show attendance, and/or inventory, and more.

Duration
Repayment terms of two to five years.
Cost
Available at business prime plus 2% interest rate.
Apply

To apply for a Micro Business Loan you must first have completed one of Momentum’s business training programs. For more information please speak to your program Facilitator, call us at 403.204.2657, or email business@momentum.org.

Financial Partners