Community Futures Saskatchewan: Business Loans, Advice and Training
A loan to start, expand or buy a business in rural Saskatchewan. This is a repayable loan, so confirm the exact amount and terms on the official page.
“If you have an existing business and are seeking financing, we may not require a business plan.”
From the official program page
Before you spend any money
Confirm on the official page whether approval must precede spending or if reimbursement is possible.
At a glance
Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.
Is this for you?
- You operate in a rural community in Saskatchewan.
- You are starting a new business, expanding an existing one, or buying an existing business.
- You can demonstrate strong character, the capacity to repay, adequate capital, and provide collateral.
Probably not the right fit if
- You are located in an urban area or outside Saskatchewan.
- You cannot provide adequate collateral or demonstrate the ability to repay debt.
- You are seeking a grant or non-repayable funding, as this is a loan.
How much you'd realistically get
The specific loan amount, caps, and interest rates are not published; confirm on the official page.
What may be supported
- New start-ups
- Business expansions
- Renovations
- Buying an existing business
How applying works
Effort: moderateYou need to prepare a business plan for new start-ups or a loan application for existing businesses, and meet with your local Community Futures office.
- 01Contact your local Community Futures office to arrange a meeting and discuss requirements.
- 02Prepare your business plan if you are a new start-up.
- 03Complete the Loan Application form.
- 04Submit the application to your closest Community Futures office.
- 05Download and save PDFs to your desktop and use Adobe Reader/Acrobat to fill out forms if required.
Who to ask: https://cfsask.ca/contact-us/find-your-regional-office
Documents commonly required
- Business plan (for new start-ups)
- Loan Application form
- Proof of collateral (aiming for 1:1 security to loan principal ratio)
- Financial statements or records to demonstrate capacity and capital
What to know before you count on it
- This is a loan, not a grant, so you must repay the principal plus any interest.
- You must provide adequate collateral, aiming for a 1:1 security to loan principal ratio.
- You must demonstrate strong character, capacity, and adequate capital to qualify.
- The official page does not list the loan amount, interest rate or repayment terms. Ask your local Community Futures office before you apply.
What are your odds?
Approval depends on demonstrating strong character, capacity, capital, and collateral; odds vary by individual financial health.
Frequently asked questions
Is this a grant or a loan?
This is a loan, meaning you must repay the funds. Confirm the interest rate and repayment terms on the official page.
Do I need a business plan?
New start-ups must complete a business plan and loan application. Existing businesses may only need to complete the Loan Application.
What collateral is required?
Applicants must provide adequate collateral, aiming for a 1:1 security to loan principal ratio.
Where do I apply?
Submit your application to your closest Community Futures office in Saskatchewan.
What you can combine it with
Check with your local Community Futures office if this loan can be combined with other funding sources.
Worth reading before you apply
Get alerted when this changes
Programs open and close, budgets run out, rules change. We send one short email when something changes that matters for this program.
Page last updated ; status and deadline checked . Source: official program page.