Financing Packages
Provided by: SaskMétis Economic Development Corporation
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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
Facebook
www.facebook.com/SaskMetis-Economic-Development-Corp-105431394211344
Email
Coverage Area
Saskatchewan
Languages Offered
English
Saskatoon Office
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Location Info
Hours of Operation
Monday - Friday
8:30 am - 12:00 pm, 1:00 - 5:00 pm
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.