Two Rivers General Business Loan
Get up to $1,250,000 in government-backed financing to start, expand, or acquire your business in the Two Rivers service area. This is a repayable loan requiring 10% cash equity from you.
“We offer flexible financing up to $1,250,000 for Indigenous Entrepreneurs.”
From the official program page
Before you spend any money
Approval must come before spending; do not incur costs until the loan is approved and documentation is prepared.
At a glance
Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.
Is this for you?
- You are an Indigenous entrepreneur starting, expanding, or acquiring a business within the Two Rivers service area.
- You need financing up to $1,250,000 and can provide the required 10% cash equity.
- You have a viable business plan that can service debt with interest rates starting at the RBC prime rate.
Probably not the right fit if
- You are not an Indigenous entrepreneur or your business is outside the Two Rivers service area.
- You are seeking a grant or non-repayable funding; this program provides loans and limited contributions tied to loans.
- You cannot provide the minimum 10% cash equity or do not have a business plan that adheres to sound business principles.
How much you'd realistically get
Loans up to $1,250,000. Contributions come as part of the loan package; the official page does not list contribution amounts.
What may be supported
- Start-up ventures
- Business expansion
- Acquisitions
- General business growth improvements
What's excluded or restricted
- General business grants (Two Rivers does not provide these; contributions are only part of a loan package).
- Applications that do not adhere to sound business principles.
How applying works
Effort: involvedYou must complete a full application, provide a comprehensive business plan, 2 years of cash flow projections, and financial statements if existing, and undergo a preliminary screening and evaluation phase.
- 01Contact Two Rivers by phone (519 445-4567) or email (info@tworivers.ca) for an initial discussion.
- 02Complete the application form provided by Two Rivers.
- 03Undergo preliminary screening for eligibility and risk.
- 04If positive, provide required information for full review, including 2 years of cash flow projections, financial statements if existing, and a comprehensive business plan.
- 05Participate in the evaluation phase, which may require additional info or clarifications.
- 06Receive a decision and prepare requisite documentation if approved.
Who to ask: Phone: 519 445-4567; Email: info@tworivers.ca
Documents commonly required
- Comprehensive business plan
- 2 years of cash flow projections
- Financial statements (if existing)
- Proof of 10% cash equity
- Application form
What to know before you count on it
- This is financing, not a grant; you must repay the loan with interest.
- Interest rates follow a sliding scale based on risk, starting at the RBC prime rate, so higher risk means higher cost.
- You must provide a minimum of 10% cash equity from your own funds.
- Applications are scrutinized for risk and must adhere to sound business principles; weak plans are rejected.
What are your odds?
Approval depends on whether you can repay the financing and how risky your business plan is. It is not a competition. Two Rivers reviews your credit and whether your business can succeed.
Frequently asked questions
Is this a grant or a loan?
It is primarily a loan with contributions included in the package. You must repay the loan with interest.
What is the interest rate?
Interest rates follow a sliding scale based on risk, starting at the RBC prime rate. Confirm exact calculation details on the official page.
Do I need to have my business already running?
No, it supports start-ups, expansions, and acquisitions, but you must provide financial statements if existing and a comprehensive business plan.
Is there an application fee?
The official page does not list an application fee. Ask Two Rivers before you apply.
What you can combine it with
Contributions are part of the loan package; confirm on the official page if other grants can be stacked with this loan.
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.