North Fraser Commercial  Loan Application

North Fraser Commercial Loan Application

Commercial Loan Application

Loans of up to $150,000 are available to assist businesses in the North Fraser area, from Mission to Harrison Hot Springs, with new business start-ups; to help existing businesses expand; to help maintain existing businesses and to buy an existing business.

Business Loan Application Supporting Information Required 

  • Business Plan/Summary 
  • Cash flow forecast 
  • 3 prior years' financial statements or tax returns 
  • Year to date income statement/balance sheet 
  • Aged accounts receivable and accounts payable lists 
  • Evidence that GST, PST and payroll deductions have been remitted 
  • Completed loan application dated, signed and witnessed 
  • Additional documentation may be required depending on what the financing is for

 

Features of Community Futures North Fraser Loan Program

  • Flexible repayment schedules
  • • Loan amortization up to 10 years
  • • Reduced payments for business start up
  • • Seasonal payment schedules for seasonal businesses
  • • No prepayment penalty

 

Client Privacy

Community Futures North Fraser operates in accordance with BC’s Personal Information Protection Act (PIPA) and Freedom of Information and Protection of Privacy Act (FOIPPA), and Canada’s Privacy Act, Access to Information Act, and Personal Information Protection and Electronic Documents Act (PIPEDA). We are committed to protecting your privacy and the confidentiality of your personal information. For more information visit the Office of Information and Privacy Commissioner for British Columbia at http://www.oipc.bc.ca/