The Community Development Corp. (CDC) and the Business Development Bank of Canada (BDC) have joined forces to help your business grow.
Together, they are offering a unique co-lending financing solution to help local businesses purchase commercial properties to house their business operations. Businesses can access up to $500,000 through the new program.
Benefits to businesses include up to 100% financing, no down payment, access to flexible repayment options and the preservation of working capital. Conditions may apply.
To qualify, applicants must be in operation for a minimum of five years, however other businesses are welcome to apply, though terms may vary.
For more information on the Real Estate Loan Fund, and to find out if you qualify, please contact CDC Loans Officer, Susan Stacey at 705-325-4903, extension 105 (firstname.lastname@example.org), or BDC Senior Account Manager, Ryan Frittaion at 705-739-0449 (email@example.com. )