CBDC Social Enterprise Loans and financing is available to non-profits, including charities, cooperatives or societies in need of business support (in the form of a loan or loan guarantee). Financing will be used to buy assets, renovate existing ones or to expand a social enterprise. CBDC Social Enterprise Loans are specifically intended to provide financial support for revenue generating business operations of officially registered non-profit organizations. The CBDC offers loans of up to $150,000 per eligible applicant. (Loans are repayable with competitive interest rates and repayment terms).

The Social Enterprise Loan may be used to purchase machinery, equipment or other items necessary for continued business operations. Loan amortizations of up to ten years are available. This is based on the life expectancy of the asset(s) the Social Enterprise is using the funds to acquire.

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