on June 5, 2020
Community Futures Cowichan has announced a unique loan program to help businesses invest in online marketing and digital tools to keep their business competitive.
This specialized loan is to be used for building a new website or enhancing an existing one, expertise to optimize your online marketing, paying for a new online marketing strategy and activities, adding e-commerce capability to your website, and costs associated with ongoing maintenance.
Loan Details
- RATE: Prime + 2%
- AMOUNT: Up to $2,500
- PAYMENTS: No payments for the first 3 months
- TERM: Term loan up to 18 months amortization
- SECURITY: Promissory note
A Micro Loan is a normal business loan that must be repaid
IMPORTANT NOTE: All Micro Loan applicants must complete a standard business loan application form. All applications can be sent to hdouglas@cfcowichan.ca or info@cfcowichan.ca.
A word of caution, they are dealing with a high-volume of Rural Relief and Recovery Fund loan applications so your application may take time.
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