EDP Loans

When your local Community Futures staff and volunteer board assess the merits of your loan application, they take into account our own version of the classic banking industry guidelines called “The Five C’s of Lending”: Character, Capacity, Conditions, Capital and Collateral."

Because we are developmental lenders – and because community economic development is our number one priority – we are able to interpret and prioritize lending criteria a bit differently than traditional banks. 

Community Futures EDP Assistance and Loans

Although preference is given to business owners applying for Community Futures loans, you may still be eligible for EDP assistance. You will need to meet with a Community Futures Business Analysts to verify that your business has the potential to succeed and that you need extra support. Contact your local Community Futures for more information.

Rise Business Lending

We have partnered with Rise to launch Rise Vancouver, offering business start-up services to individuals experiencing barriers to meaningful employment as a result of mental health and addiction challenges. Since its inception in 2010, Rise has disbursed over $1.6 million to 400 clients, with a 92% repayment rate. A national charity with 11 locations across Canada, Rise works with over 350 volunteer coaches and mentors to ensure that clients receive the wraparound services needed to succeed.

Visit Rise's website for more information.

Want more information? Use the following online form to tell us about yourself and your business.

Contact

Community Futures British Columbia
C230-7871 Stave Lake Street
Mission, BC  V2V 0C5
  1-604-289-4222
 

About Community Futures

logo whiteFor over 30 years, we’ve been fostering entrepreneurship in rural BC. We offer small business loans, business counseling and specialized services to help you start or grow a business, and to help communities become more resilient and dynamic. Learn More