Micro Loans

Huge Impact.

Micro Loans Up to $25,000

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

Decisions are made locally within 10 days

Current interest rate - Royal Bank Prime plus 2%

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.

Apply Online

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

Need help with your business plan?

Sign up to our email-based training program and learn three solid tips for building an amazing business plan.

Meridian is not a Financial Institution, it is a group of people that actually want to see their clients succeed. They understand that having healthy, well-run private businesses in a community is essential to its health and the well-being of the people who live there.

I've worked with great people at Meridian, they taught me so many things about business and have been there to help me every step of the way. When I first approached them to help me with my business acquisition, they spent a lot of time explaining the figures to me and helped me come up with a great plan. I couldn't have done it without them.

While the financial support was important, it was the long-term support and advice that proved most valuable. The wise advice from Vickie, Judy and Jeanette provided protection from errors that result in the closing of a business during the first two years. Their unique, professional services elevated my business to the next level. In my case from, “Lil’Daycare’ Family Day Home Group with 12 children to “Kinder Kollege Inc.” located at the Westberry Elementary School with 25 children. I was employed as director until I retired in 2014. Presently, I still sit on the Board while cooperating with CF Meridian.

I certainly would recommend business owners to work with Community Features because for “New Business Owners” what you get is not just financial support but moral support as well. CF will help you develop your business, creating more jobs and eventually developing your community.

Mon to Fri: 8:00 am - 4:30 pm

1 (888) 919-3800

Entrepreneur Assessment Quiz