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Financing Packages

Provided by: SaskMétis Economic Development Corporation

View information about this organization

Service Description

Provides loans to finance the start-up, purchase, or expansion of viable Métis-controlled small businesses based in Saskatchewan. Designed to create the most affordable primary term debt for Métis Entrepreneurs in Saskatchewan. Combines traditional financing with non-repayable contributions to create a low-cost borrowing option compared to basic mainstream financing options.

Eligibility

Eligible Projects
Sound, viable business start-ups, acquisitions, and/or expansions

Client Requirements
- 10% Cash Equity
* Contributed equity may be considered on a case by case basis. 3rd party appraisal required for assets to be contributed to the project. (Non-repayable contribution is dependent on cash equity provided)

Project Criteria
- Métis owned and controlled
- The project is viable and provides a reasonable income to the owners
- Applicants must reside within Saskatchewan and business is headquartered in Saskatchewan.

Application Process

Visit website to download the Application Form.

Fax: 306-373-2512

Business Line: 306-477-4350

Service Website

smedco.ca/financing-packages/

Facebook

www.facebook.com/SaskMetis-Economic-Development-Corp-105431394211344

Email

smedco@smedco.ca

Coverage Area

Saskatchewan

Languages Offered

English

Saskatoon Office

Address

237 Robin Crescent
Saskatoon SK  S7L 6M8

Get Directions

Location Info

Hours of Operation

Monday - Friday
8:30 am - 12:00 pm, 1:00 - 5:00 pm

Fax: 306-373-2512

Business Line: 306-477-4350

Website

www.smedco.ca

Email

smedco@smedco.ca

211 Saskatchewan strives to make sure information is correct. However, there are often changes to community services, which means inaccuracies may be possible. The information presented by 211 Saskatchewan may be subject to change.

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