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Tecumseh Community Development Corporation may provide financial assistance as loans, loan guarantees and/or equity investments. New or existing entrepreneurs may access an investment fund providing the following conditions are met:
Applicants may qualify for financial assistance if:
- An application for financing has been turned down by one local financial institution.
- Appropriate security is available.
- The business is within the Tecumseh Community Development Corporation service delivery area.
Terms of Loans
- The maximum loan is $150,000.
- Loan approval is based upon business viability, credit worthiness of the applicant, client equity and the creation/maintenance of jobs.
- Maximum amortization is 10 years.
- Interest rates are competitive to industry standards.
If you are interested in applying for funding please submit a business plan and application form to our office. Please inquire for further information.
Loan Application
If you would like to complete a loan application now, simply click on the link below. Fill in the required fields and send the completed word document to jenelle@tcdc.on.ca
Download a loan application now!
Click here
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