Term Loan

LoanCanada — federal

SOCCA provides term loans to Indigenous entrepreneurs to support business projects. Loans are based on the borrower's repayment capacity and the value of offered guarantees, with competitive interest rates and flexible terms based on asset lifespan.

What you'll need

  • Business registration or proof of business establishment
  • Financial statements or proof of repayment capacity
  • Details of collateral or guarantees offered
  • Project cost breakdown and down payment documentation

How it works

Related programs

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