Sea to Sky Small Business Loans
Supporting Entrepreneurs
Community Futures Howe Sound offers character-based loans for entrepreneurs, start-ups, and small business owners in the Sea to Sky.
Character-based
We're not just looking at the numbers; we're looking at you. Can you turn your dream into reality? Our loans are based on character, because we truly believe you can, and we're here to help you do just that.
Small Business Loans
Whether you need just $10,000 or up to $150,000 to make your business goals a reality, we may be able to loan you those funds.
Business Loans with a Personal Touch
Traditional banks and lending can sometimes be a bit black and white. They might turn business owners and entrepreneurs down for a variety of reasons. It could be that you’re quite young, new to the country, Indigenous, have a bad credit history, or another reason.
Yet that doesn’t mean your business journey has to end there. Community Futures Howe Sound offers small business loans to start-ups and business owners based on character. That means we talk to you, learn about your business plans, and make an assessment based on those factors.
These loans can help move a business idea from the planning stages into the action phase, bolster cash flow to keep a business going, or provide the funds required for business expansion.
We aim to keep the application process as cost effective as possible, and only charge minimal administration fees. Additionally, we offer flexible repayment options and competitive interest rates to help ensure your business can thrive.
Photo: Freshii, Squamish BC
Photo: Squamish Academy of Music, Squamish BC
Are You Eligible for a Business Loan?
We’re (a lot) more flexible than a traditional bank when it comes to loans, but we still have some requirements for our lending, including:
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The business must be based in the Howe Sound region, anywhere from Lions Bay to Birken
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The ability to repay the loan in future
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Some security for the loan
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The business must predominantly be staffed by local residents
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A completed business plan and business loan application
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Responsible personal financial investment
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An applicant interview to talk about the business plan
The Loan Application Process
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Meet with one of our team to discuss your business & plans
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We talk you through the loan application process and give you a chance to ask any questions
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Set up an account with Community Futures and apply for a loan
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The Community Futures Howe Sound board will assess your application, and either approve it or ask for more information
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You will sign a loan contract with terms of repayment
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We send you the cash
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Your business thrives, grows, and supports the local community
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You repay your loan over time, keeping in touch with the Community Futures Howe Sound team for ongoing support and business advice
Loan processing times can vary, but we aim to keep things quick and efficient so you can get on to the business of business. You can speed up your process by ensuring all your application forms are complete before you send them in.
Photo: Firetail Pets, Squamish BC
Frequently Asked Questions
Can you help with rural business development?
Absolutely, our expertise extends to rural business development. We understand the unique challenges and opportunities rural businesses face and provide tailored business guidance and support to ensure their success.
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Can you help with rural business development?Absolutely, our expertise extends to rural business development. We understand the unique challenges and opportunities rural businesses face and provide tailored business guidance and support to ensure their success.
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Do you offer business mentorship programs?Yes, we offer valuable business mentorship programs that connect aspiring entrepreneurs and business owners with experienced mentors. We have an extensive network of mentors across the Sea to Sky Corridor, covering all types of businesses. Our experienced mentors provide guidance, share insights, and offer support to foster your success.
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What are the terms and interest rates for your business loans?The terms and interest rates for our business loans can vary based on the loan program and your business's financial requirements. We offer competitive rates and flexible repayment terms to ensure affordability.
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Are there any fees associated with applying for a business loan?We aim to keep the application process as cost-effective as possible. While there may be minimal administrative fees, we work to minimize upfront costs for our clients.
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How long does it typically take to process a business loan application?The processing time for business loan applications can vary, but we strive to provide a quick and efficient process. It generally depends on the complexity of the loan and the completeness of the application.
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What resources do you offer for entrepreneurs looking to start a new business?We provide resources such as business planning templates, startup guides, access to industry research, and one-on-one consultations to help entrepreneurs get their business ideas off the ground.
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Can you assist with business succession planning and transitions?Certainly. We provide expert guidance on business succession planning, enabling business owners to smoothly transition their businesses to new owners or family members while preserving their legacy.