Fair Finance Fund accepting loan applications until Nov. 11
Posted: October 13, 2022
Categories: GoodFoodBites / Opportunities
The Fair Finance Fund‘s Fall Intake is now open, and is accepting loan applications up until November 11, 2022.
The Fair Finance Fund provides equitable and accessible capital to local food and farm entrepreneurs focused on bringing social, environmental and economic benefits into Ontario communities. Loans are available for start-up or established food and farm businesses to finance equipment purchases, operating costs, expansion activities, and more.
Loan Information and Terms
- Loans from $20,000 up to $200,000
– co-financing options are available for loans over $200,000 - 6.25% interest rate at 5-year terms
- Business assistance and mentorship during the loan term
- Capacity-building sessions in business development and financial literacy
- Character-based lending
- No fees and a three-month option grace period
To learn more and apply, visit the Fair Finance Fund website here.