Our community loan fund invests in local businesses.

At the CDC, we make loan decisions locally, taking into account much more than simple business numbers. Our perspective is unique because we are local, just like you. We support a wide variety of ideas and ventures and we offer flexible investments that meet your business’ needs.

Our goal is to help community businesses transform vision into reality and strengthen our local economy. If you are located in Orillia, Oro-Medonte, Ramara, Rama, or Severn, you are eligible to apply for our Investment Program.

Applying for a CDC Loan

 

Step 1. LET’S CHAT
Please give us a call at 705-325-4903, ext. 101

 

Step 2. LET’S MEET

We’ll meet with you to discuss your ideas and needs and determine whether there’s a role for the CDC to play in your project.
We can meet you either at our office or your place of business, whichever is more convenient for you.

 

Step 3. APPLICATION
In order for us to make a decision we need your help. Please complete our online application which includes business and personal information. We will review your application and then be in touch to discuss what supporting financial information we will need from you.  This may include historical financial information or a business plan. If you don’t have a business plan, or need assistance with your plan, we can help. Just give us a call.

 

Step 4. THE REVIEW
We review all of the information you have provided and make a decision. We aim to provide an efficient review process and response time, but timelines can vary, depending on a variety of factors. We will discuss the timeline with you throughout the process.

 

Step 5. THE DECISION
If we decide to invest in your business, we will then contact you to review and discuss next steps in preparing all of the required documents.

 

Step 6. SUPPORT
Throughout the investment review and beyond, additional support services are always available. In the event we are unable to invest in your business we will continue to offer our support services and help you find other options.

We’re here to help you Start, Grow and Succeed. Please complete our online application form to be considered for a business loan. There is no fee to apply.

For more information about and to apply to our Community Capacity Building Grant Fund, please click here