Micro-Loan for Cowichan Valley Businesses

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.