Loan Eligibility Criteria

ACCESS assesses applications and facilitates the approval of microloans under $1000 and up to $5000 for small business and professional development (up to $10,000 for second loans for small business).

If you have already reviewed the Eligibility Criteria, you can proceed to apply for a loan.

If you are looking for a loan under $1,000 for small business or professional development, please see our MiniMicroLoans

To apply for a microloan, you:

  • Must be a Canadian Citizen, Permanent Resident, or Convention Refugee;
  • Please contact us if you are unsure.

  • Must be a resident of Greater Toronto and Hamilton Area (GTHA);
  • Must be 18 years of age or older;
  • Must use the loan to start or expand your business or for skills upgrading/certification (cannot be used to pay off debt);
  • Must be in good standing with the CRA (a most recent Notice of Assessment will be required);
  • Must not be in active bankruptcy or consumer proposal (if discharged, release letter should be provided);
  • Must demonstrate that they cannot obtain a loan from a financial institution.

Desirable Assets (highly beneficial):

  • You have experience or training in the type of business you are starting or meet requirements for skills upgrading training/certification program you wish to enrol;
  • You have the motivation and drive to succeed in business or complete a training or certification program ;


Click here to see a list of programs and resources available in Toronto.

To apply for a micro-loan (small business or professional development), you must submit the relevant documents:

  • Application Form;
  • Business Plan and Cash Flow;
  • Business Registration;
  • Credit Report & Score;
  • Recent Notice of Assessment;
  • Letter of enrolment and costs for the program/training you wish to complete;
  • Resume.


If you meet all of our eligibility requirements, please proceed to apply for a loan.