Business Loans

Applying for Business Loans with Us

We are pleased to provide small business loans within our rural communities. To begin the loan application process, perform the following actions:

  • Prepare your business plan.
  • Complete your financial statements and/or forecast.
  • Contact our office for an initial interview with our General Manager, Rick Whittaker.
  • For general questions on the loan process contact Paula Baker

Find templates to complete your business plan and financial forecasts here

The Initial Interview

The initial interview is an information exchange where we provide you with an overview of our services and you provide us with an overview of your business plan and financing requirements. If you decide to proceed, the next step is to submit a loan application.

Loan Application Requirements

At a minimum, your loan application must include the following documents and information:

  • Business Loan Application document
  • Business Plan including Projected Cash Flow, Balance Sheet, and Income Statements
  • Personal Financial Statement for each partner/shareholder
  • Copy of your Business Registration and/or Articles of Incorporation
  • Copy of your Income Tax Return
  • Copy of Birth Certificates for each partner/shareholder.
Financial statement for business plan


Our General Manager will analyze your business loan application package and present it to our volunteer Board of Directors. All financing decisions are made by the Board of Directors at their monthly meeting based on the strength of your business plan, your ability to repay, available security, impact on job creation or maintenance, and the impact on long-term growth for the community.

Areas Served: Aberfoyle, Alma, Arkell, Ariss, Ayr, Baden, Belwood, Bloomingdale, Brisbane, Breslau, Conestogo, Drayton, Eden Mills, Elmira, Elora, Ennotville, Erin, Everton, Fergus, Floradale, Glen Allen, Hawkesville, Heidelberg, Hillsburgh, Inverhaugh, Linwood, Mannheim, Marden, Maryhill, Moorefield, Morriston, New Hamburg, North Dumfries, Orton, Ospringe, Petersburg, Philipsburg, Ponsonby, Rockwood, Rothsay, Salem, St. Agatha, St. Clements, St. Jacobs, Teviotdale, Wallenstein, Wellesley, West Montrose, Wilmot and Winterbourne, Ontario Canada