We do Small Business Loans...
Community Futures is a non-profit community business financing organization created to support small and medium-sized enterprises throughout rural BC, paving the way for diversified local economies and job creation.
Through local community economic development initiatives, Community Futures sustains and improves communities and their economies by creating long-term, sustainable businesses.
We have a wide variety of services and tools available to help entrepreneurs and small business owners achieve their goals, including business support services, business planning advice and business loans.
Because we strive for big wins for our clients. Business can be complicated and full of opportunities!
Community Futures is a non-profit community business financing organization, specializing in business loans to the Cowichan Valley.
A Community Futures Cowichan business loan is flexible and unique to your business needs. We think outside the box to help your business adapt and thrive.
What's the difference?
Whether you are a startup or looking to expand, a Community Futures Cowichan business loan can help you reach the next level. You won’t find a one size fits all approach here.
Now Recruiting Volunteers!
If you have a background or interest in small business development, finance, economic and social development OR if you care about helping create a bright economic future for our community, then we are looking for someone like you!
Community Futures Cowichan is grateful to the Coast Salish peoples, on whose unceded territories we do business, learn and grow together in a spirit of community, collaboration and reconciliation.
Huy tseep q'u
We understand the challenges and opportunities of being a business owner. As a small business lender, Community Futures Cowichan can help when traditional financing may not.
An Ongoing Commitment to Small Business
Small Business Loan FAQs
No. There are no fees or charges related to initial loan inquiries or applications. Loan application and documentation fees apply only to 'approved' loans.
Community Futures Cowichan offers variable interest rate loans priced at Prime plus 3-5 points based on risk.
Community Futures offers 'term loans' that are repayable over 3–5 years.
Yes. A business plan will provide a lender insight into your business and along with the financial plan help show its viability and profitability. It also provides the business owner with a 'roadmap' to follow and a tool to measure your future performance.
Typically, an answer to a loan request of $25,000 or less will take up to 10 business days. A request greater than $25,000 can take up to 20 business days. Both scenarios are dependent on having all requested information. Delays can occur when an application is incomplete or additional information is requested from the applicant.