If you’re a new entrepreneur and live in a rural community in Atlantic Canada, you may be eligible for a First-Time Entrepreneur Loan from your Community Business Development Corporation (CBDC). This loan offers up to $150,000* to qualified borrowers and is available to sole proprietors, limited companies and partnerships (when majority control is resides with the new entrepreneur). First-Time Entrepreneur Loans are repayable, but have competitive interest rates and repayment terms. Financing may be term or demand loans, a loan guarantees, or equity investments.

CBDC Coastal Business
292 Charlotte Street, Sydney
Patricia MacNeil
(902) 539-4332 (ext 224)
patricia.macneil@cbdc.ca

CBDC Northside Victoria
1 Fraser Avenue, Suite 7
Sydney Mines
Gord McGean
(902) 736-6211
gord.mcgean@cbdc.ca

CBDC InRich
15381 Hwy 19
Inverness
Perry Chandler
(902) 258-3698
perry.chandler@cbdc.ca