Business Loans in the Region

Futurpreneur Canada LoansWe offer collateral-free loans at better interest rates than most banks. But we can’t do it alone. We’re able to finance up to $15,000 per business. If you need more money, BDC may provide up to $30,000.

Futurpreneur Canada Newcomer Program

If you’re new to Canada and don’t have a credit history, Futurpreneur Canada wants to help you launch your business. We provide tailored support and eligibility criteria to reflect your new status in Canada. Must be:

  • Between 18 – 39 years old.

  • Have lived in Canada for fewer than 60 months from the application processing date.

  • A Canadian citizen or a permanent resident of Canada.

  • Have a Social Insurance Number (SIN) that does not begin with a “9”.

  • Providing two character-based references (at least one must be a Canadian citizen).

  • Limited or no established credit history in Canada.

Market Readiness Investment Program – OCEInvests directly in companies to further their early-stage commercialization and support their growth into a scalable business. The company’s core product or service MUST be a technology or innovation that gives the company its competitive advantage.

Southwestern Ontario Development FundThe Southwestern Ontario Development Fund gives money to businesses, municipalities and not-for-profit organizations for economic development in southwestern Ontario.Up to 15% of eligible project costs to a maximum grant of $1.5 million. Investments of more than $10 million that also create more than 50 new jobs may be eligible for a loan of up to $5 million.

Xpansion Loan– BDCThe BDC Xpansion Loan is designed to help you realize projects that are key to your growth and success, without putting your cash flow at risk.

Small Business Loan – BDC With the Small Business Loan, you could get up to $100,000*-and there are no application fees and no hassles. What’s more, the entire process is 100% online.

Canada Small Business Financing ProgramThis program could help you secure up to $1 million from a financial institution by sharing the risk with your lender. Most start-ups and existing for-profit small businesses in Canada with gross revenues of $10 million or less are eligible to apply for loans under this program. Such businesses can be corporations, sole proprietors, partnerships or cooperatives.

Farming businesses are not eligible under this program


We offer loans of up to $5,000 for business startups or the expansion of small businesses. With the help of the Small Business Centre, applicants will be guided through a process for developing a feasibility study and business plan.

Small Business Lending – Rise Asset DevelopmentWe offer low interest business loans based on your stage of business development, viability of the business concept and capacity to re-pay. Eligible entrepreneurs can access loans up to $10,000 throughout Ontario, with an average initial loan size in the $3,000 to $4,000 range.

Community Futures Loans and Financing

Access to Capital – Community Futures Oxford

Loans up to $250,000 available to existing businesses

Access to Capital – Venture Norfolk

Loans up to $250,000 for existing businesses

Business Performance Loans – Venture Norfolk

When financial track record and security offer lowered risk, up to $250,000, Prime + 3% – 7% minimum, 3-year term, 20 year maximum amortization

Enterprise Brant LoansLend a business up to $250,000 to start, expand, or even reposition.Equipment, renovations, inventory and working capital can all be financed.

General Small Business Terms Loans – The Business Help Centre Middlesex

Loans up to a maximum of $250,000 can be made to businesses in Middlesex County (excluding those located within the City of London) that will be creating new jobs or maintaining existing jobs in the local area.

Get Started in Norfolk – Venture Norfolk

A loan of up to $10,000, An interest rate + 2.0%, Monthly interest only payments in first year, An amortization period up to 5 years, Free professional guidance from community partners on key small business topics, Monthly meetings to help monitor your progress, A $500 grant is available on the first anniversary of the loan for qualified applicants

Micro Loan – Community Futures Oxford  

Loans for existing businesses up to $15,000

Micro Loans – The Business Help Centre Middlesex

provides term loans to small businesses that have had difficulty finding financing elsewhere on reasonable terms.

Young Entrepreneurs Loan – The Business Help Centre Middlesex

Provides term loans to small businesses owned by youth that have had difficulty finding financing elsewhere on reasonable terms.

Business Loans – Elgin Business Resource Centre

Our start-up loans are available to new businesses with an interest rate of 2% over prime.  Other loans are available for business needs such as equipment purchases, expansions and successions at competitive interest rates, from 2% over prime to 9.5%.

Click the link below to stay up to date with the latest funding incentives and programs:


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