ACCESS Community Capital Fund is a Canadian Registered Charity which was formed to help promising entrepreneurs with viable business plans gain access to financing not available through other sources.
Individual loans of up to $5000 ($10,000 for second time borrowers) are made using a character based lending decision, where the abilities, skills and commitment of the applicant in conjunction with the strength of the business plan are key decision criteria.
ACCESS funds made up of investments from socially minded individuals and organizations are used to guarantee the loans.
The loans are disbursed through our financial partners, Alterna Savings and CIBC.
ACCESS clients are typically entrepreneurs who have been running a business less than two years and or just starting a new business.
The borrower may have no credit history, or may have a poor credit record due to unemployment, illness or unforeseen life events.
The loan decisions are made by loan review committees made up of volunteer loan officers.
In addition to providing loans, ACCESS has a network of volunteer mentors who help applicants and clients with various aspects of their business.