Small Business Loans & Grants In The West Yellowhead Region
Great loan options from great people.
Get the financial support you need to grow your business with one of our flexible business loans. We’re known for saying ‘yes’ when everyone else says ‘no’. If you can’t get a loan from traditional banks, we can help.
Our business loans range up to $150,000 and include:
- Loans for starting a business
- Business expansion loans
- Technology investment loans
- New business loans
- Loans for buying an existing business
With Community Futures, you borrow only what you need, when you need it.
Many of our clients start with one kind of loan product and over the years take advantage of our other great loans and programs.
Loan qualification and repayment terms are affordable and flexible. We take a broader view of your assets, income, and skills than traditional lenders such as banks.
Get access to a wide range of business support from business advisors who know rural business like no one else, including free business guidance and counselling.
COVID-19 Specialized Loan Programs
Edson Small Business Loan
The Town of Edson has made funds available to CFWY to provide support and assistance to SMEs and non-profits through the Edson Small Business Loan. Small business owners impacted by the COVID-19 pandemic can apply for loans up to $25,000.
Grants
Economic Recovery Grant Program
The Town of Hinton's Economic Recovery Grant Program, administered by Community Futures West Yellowhead, is to support organizations in their recovery from the Covid-19 global pandemic.
Projects are designed to stimulate economic recovery within the community of Hinton and are focused on rebuilding the effects of restrictions and limitations on the labour market and businesses within the community. There is one intake for the 2022 Economic Recovery Grant Program.
The deadline for funding application submissions is September 15, 2022 @ 10:00 a.m.
Economic Recovery Grant Program - Funding Application
Economic Recovery Grant Program - Applicant's Guide
Business Loan FAQs
The best place to start is to schedule an appointment with one of our Business Analysts.
General eligibility criteria include:
- Your business must be located in a rural community of Alberta
- You must be involved in the day-to-day operations of the business
- You must be of legal age and a resident of Canada
- You must contact a bank first. If you are unable to secure appropriate financing under reasonable terms elsewhere, contact us.
