HAVE ANY QUESTIONS? REQUIRE REFERENCE MATERIALS OR SERVICES IN FRENCH? CONTACT US
HAVE ANY QUESTIONS? REQUIRE REFERENCE MATERIALS OR SERVICES IN FRENCH? CONTACT US
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Are you ready to kick-start your business? Get financing specifically tailored to your start-up, expansion, or business buyout in a rural community.
*If you do not qualify for the RRRF Loan and/or require additional loan support your business (Apply under Micro Loans & Loans up to $150,000) contact our office for assistance @ 1.888.919.3800
Fill out our online application. Not sure what to apply for specifically? No problem, give us a call at 1.888.919.3800 or email reception@meridianregion.ca to help get you started.
You’ll share your draft business plan and cash flow with us. (Don’t have one? No problem, we’ll help you get started)
We’ll look at your credit history and business plan to ensure you’ve met our eligibility requirements.
We may ask for additional supporting documents such as resume, references, etc.
We’ll help you polish up all the documents required (or ensure you get the appropriate help).
Once we’ve received the application and all supporting documentation, we will then present your application on your behalf to our board of directors for approval.
Within 10 days (from receipt of all documents) we’ll inform you of the board’s decision.
You’ll receive your $$
Have a question? Email reception@meridianregion.ca or call 1.888.919.3800
FlexLine
Flexible line of credit loans from $10,000 to $50,000 – money that’s there when you need it
TrailBlazer
Loans for value-adding, innovation, enhancing productivity and developing new products and markets
BizBuyout
Loans to assist with the purchase of an existing and successful rural business
BusinessAble
Loans for persons with a disability seeking to start or expand a business. Conditions for BusinessAble Funding:
NextGen
Loans for young entrepreneurs ages 18 to 29 with a great business idea Conditions for NextGen Loan:
NewBiz
Loans for entrepreneurs who want to start a business in a community served by Community Futures
ReadyCash
Quick turnaround short-term loans of up to $10,000 – so you can react to a great opportunity
Interest Rates:
Business Development Fee:
Administration/Application Fees:
FlexLine: Same administration/Application fees apply as above as well as an Annual Renewal fee of $500 or a monthly fee of $50 as long as they have access to the line of credit.
NSF Fee: $50 per item
Security Amendments, early release, etc. - $50
You are eligible if:
The following projects are NOT eligible: