Job Boost

There can be many financial obstacles on the path towards a better job. You can access community and financial resources to help reach your goals, receive career support and referrals, and even receive a microloan of up to $10,000 to ensure you don’t need to quit before you reach your goal.

The Job Boost loan can be used to pay for costs of getting a better job, such as:

  • tuition or training
  • online learning
  • books and supplies
  • certification or re-certification
  • tools for work
  • record suspension
  • exam fees
  • professional association fees
  • short-term living expenses
  • other expenses that will lead to better employment

 

The Job Boost Program can:

  • Provide low-cost, character based loans to help you get a better job
  • Help you access community and financial resources to assist with your job goals
  • Provide career support and referrals, to assist you in getting a better job
  • Help you build or repair your credit through the repayment of a Momentum Job Boost loan

 

Duration
Repayment schedule of Job Boost loans is up to a maximum of 2 years.
Cost
Interest is Prime + 2%
Apply
  • Date Format: MM slash DD slash YYYY
  • (If the loan applicant goes by a name other than their legal first name)
  • Please enter a number from 1 to 20.
  • Note: If you currently have an active bankruptcy, consumer proposal or are in an orderly payment of debt program, you are not eligible for the Job Boost program until you have completed this programs as per the terms and agreement, and you have been discharged. If you are not in this situation, please complete the rest of the form.
  • Work Action Plan

  • Outline expenses involved in becoming fully employed in this occupation, for which you may need financial assistance: Approximate costs:
  • By submitting this application you acknowledge the following:

    Undertaking

    1. I certify that the information provided in accurate and complete to the best of my knowledge.
    2. I authorize Momentum to perform a credit check and exchange any personal information towards establishing or verifying my financial standing. I understand this information is requested to help in the assessment of my application for a Momentum Job Boost loan and will be kept in strict confidence by program staff.
    3. I authorize Momentum and the organization that referred me to share information about my loan standing with each other.
  • Upon completing this application form, the Job Boost Program Facilitator will contact you to see if you qualify for a loan. If you are eligible, you will be asked to provide the following documentation for further analysis, and will be asked to complete a second form with more details to determine eligibility. You will be required to bring with you to your first meeting: Proof of income (past 3 months) - Acceptable examples include: pay stub, student funding letter, Employment Insurance paystub or Income Supoort Confirmation. Supporting Documentation - Printed information outlining the costs you need assistance in paying with the financing included. For example, an invoice from school showing the amount of tuition owing. Supporting Documentation
Financial Partners