Term Financing

Overview of the Term Financing program:

Through a Term Financing Solution, your business can receive up to $800K in financing in as little as 24 hours. Term Financing operates similarly to fixed-rate loans; your business receives a lump sum payment, but instead of making fixed monthly payments, the balance is repaid through more frequent, periodic payments, either daily or weekly. This type of financing is particularly appealing to companies with consistent cash flows because the predictability of a daily or weekly payment makes it easy to budget for.

Benefits of the Term Financing program:

• You can use our Term Financing for whatever needs your small business requires. Whether that increasing cash flow, getting some new equipment, or expanding your staff for your small business, we are here to help your business to grow.

Eligibility criteria of the Term Financing program:

• To be eligible for the Community Partnership Program, you must be:
• A not-for-profit society, registered charity, social enterprise, co-operative, labour union, or Indigenous community
• Located in and serving communities in the Coast Salish and Kwakwakawakw territories, which includes: Metro Vancouver, the Fraser Valley, Southern Vancouver Island, Squamish, and Alert Bay.
• Please note that we do not fund sports, health care, tobacco, gaming, or alcohol-related organization or initiatives.