You must contact a bank first.  If you are unable to secure appropriate financing under reasonable terms elsewhere, we can help walk you through our loan application process.

No - we’re a developmental lender.

We assess every application using the 5Cs of credit:

1. Character: This delves into your credit history, and analyses how good or bad your credit history might be.
2. Capacity: This aspect determines in our view, if you’d have the means to pay the loan back with ease. This is also known as a debt-to-income ratio.
3. Capital: Simply put, this refers to how much money you possess.
4. Collateral: Here we look at what assets you are in ownership of that could be used as a means of security for the loan.
5. Conditions: The conditions outline why you want to secure a loan, what the loan amounts to and finally the rates of interest at the time.

The maximum loan you can attain is $150,000. At Community Futures, there is no minimum loan amount you can apply for.

Yes, this is required.