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Micro Loans

Huge Impact.

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Micro Loans Up to $25,000

Get access to up to $25K and boost your business

Decisions are made locally within 10 days

No Fuss. No Muss.

Are you ready to grow your business? Get financing specifically tailored to your start-up, expansion, or business buyout in a rural community.

HOW IT WORKS

1

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.

2

You’ll share your draft business plan and cash flow with us. (Don’t have one? No problem, we’ll help you get started)

3

We’ll look at your credit history and business plan to ensure you’ve met our eligibility requirements.

4

We may ask for additional supporting documents such as resume, references, etc.

5

We’ll help you polish up all the documents required (or ensure you get the appropriate help).

6

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.

7

Within 10 days (from receipt of all documents) we’ll inform you of the board’s decision.

8

You’ll receive your $$

Eligibility

You are eligible if:

  • You have good credit history
  • Your business is based within East Central Alberta and/or West Central Saskatchewan
  • You have reached the age of majority in the province in which you live
  • You acknowledge that you have exhausted all lending options

The following projects are NOT eligible:

  • Primary Ag
  • Non-active income (ie. Real estate development, rental income properties)
  • Down hole production
  • Live animals
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