Micro Loans for Businesses
Micro Loans for Businesses of up to $10,000 are available to you if you have a completed one of Momentum’s Business Training 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.
You can use Micro Loans for Businesses 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.
CostAvailable at business prime plus 2% interest rate.
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 us.