Eligibility Criteria

To apply for a micro-loan, you:

• Must be a Canadian citizen or Landed Immigrant
• Must be a resident of Ontario
• Must be 18 years of age or older
• Must own 51%+ of your business (or in the case of a partnership, all partners must be willing to co-sign for loan)
• Must use the loan to start or expand your business (cannot be used to pay off debt)

Desirable Assets (not required, but highly beneficial):

• You have completed, or are currently enrolled in, a relevant business training program
• You are currently operating a business and are able to supply supporting documentation of business activities
• You have past experience in a similar business or profession

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

To apply for a micro-loan, your business:

• Must be located in the Greater Toronto Area (GTA)
• Must offer a product or service
• Must be legally registered (sole proprietorship, partnership or corporation)

To apply for a micro-loan, you must submit your:

• Application Form
• Business Plan
• Projected Cash Flow (1 year)

If you meet all of our eligibility requirements, please Apply For A Loan today.

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