Small Business Start-Up Loans

Affinity Credit Union's Small Business Start-Up Loans program offers up to $50,000 in loans for business inception or growth in Saskatchewan.
  • Affinity Credit Union
Overview of the Small Business Start-Up Loans program:

Through the Small Business Start-Up Loans program, Affinity Credit Union provides business loans of up to $50,000 for business start-up or expansion by individuals and organizations in Saskatchewan. This program is meant to assist new entrepreneurs who may not be able to secure financing from conventional sources due to reasons such as their limited business history, low income level, weak credit history, and inability to provide collateral.

Benefits of the Small Business Start-Up Loans program:
  • Non-repayable contributions of up to $99,999 for First Nations individuals in Saskatchewan and up to $250,000 for community or band owned organizations. Applicant must come up with a minimum of a 10% equity contribution for the business or project being funded.
Eligibility criteria of the Small Business Start-Up Loans program:
  • Small business loans are available to individuals or organizations who:
  • Operate, or are about to operate, a business in Saskatchewan (including social enterprises)
  • Employ less than 50 employees and the annual total sales do not exceed $1 million
  • Have a convincing business plan, strong passion for your business idea and demonstrate commitment to success and loan repayment
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

Other Grants and Funding by Region

Aquaculture Loans and Loan GuaranteesOPEN
  • New Brunswick Department of Agriculture, Aquaculture and Fisheries
Canadian Seafood Stabilization FundOPEN
  • Atlantic Canada Opportunities Agency
SofinnovaOPEN
  • Sofinnova
Business Line of CreditOPEN
  • TD Canada Trust
Canadian Centre for Housing TechnologyOPEN
  • Canadian Foundation for Innovation
Market Entry Development ProgramOPEN
  • Atlantic Trade and Investment Growth Strategy
CDL-Vancouver ClimateOPEN
  • Creative Destruction Lab
Indigenous Youth Entrepreneurship (IYE) ProgramOPEN
  • Nishnawbe Aski Development Fund (NADF)
Commodity Loan Guarantee ProgramOPEN
  • Ontario Ministry of Agriculture, Food and Rural Affairs

More Grants and Funding by Industry

Innovative Communities Fund (ICF)OPEN
  • Atlantic Canada Opportunities Agency (ACOA)
Community Futures ManitobaOPEN
  • Community Futures Network of Canada
License Loan ProgramOPEN
  • Nova Scotia Department of Fisheries and Aquaculture
Support for Social Economy Mutualization ProjectsOPEN
  • Canada Economic Development for Quebec Regions (CED)
Starter Company Plus Program - HamiltonOPEN
  • Hamilton Business Centre