Business Loans

Flexible financing for entrepreneurs and organizations across Huron County.

Community Futures Huron provides repayable business loans of up to $300,000 to support startups, expansions, and transitions. Whether you’re just getting started or ready to scale, we offer creative financing options when traditional lenders can’t.

All applications require a business plan, cash flow projections, and financial statements. Loans are approved locally by our volunteer Board of Directors.

Connect with Paul Nichol, General Manager, or apply through Tina Heathers, Lending Consultant. We’ll help you assess your idea and explore your options.

 

 

Façade Improvement Loans

Matching loans up to $5,000 for businesses participating in Community Improvement Plans (CIPs). Perfect for storefront updates, signage, or leasehold improvements.

Innovation

Funding to develop, commercialize, or grow new ideas in any sector. Early-stage support helps you move your innovation forward.

LGBTQ2+ Entrepreneurs

Inclusive financing options and personalized support for LGBTQ2+ business owners. We’re building an equitable business community in Huron County.

Micro Enterprise – Huron Entrepreneur Fund

Flexible loans for sole proprietors or small teams (under 6 employees). Delivered in partnership with the Sunset Community Foundation to support grassroots entrepreneurship.

Newcomers to Canada

Loans available for permanent residents or newcomers looking to start or expand a business. We’re here to help you thrive in your new home.

Persons with Disabilities

We offer flexible financing and support for entrepreneurs with visible or non-visible disabilities. Accessibility is part of our commitment to inclusive entrepreneurship.

Small Farm Enterprise Loans

Support for small and niche farms operating on rural acreages. These loans align with regional food programs and help strengthen local agriculture.

Social Enterprise Loans

Funding for nonprofits that operate mission-driven businesses. Eligible activities include food security initiatives, job training programs, and co-operative models.

Succession Loans

Helping keep businesses local through ownership transitions. Succession loans support family members, staff, or new entrepreneurs taking over existing operations.

Visible Minorities

We support business owners from visible minority groups through financing and one-on-one guidance, helping level the playing field and grow a diverse economy.

Women in Business

Join our Women in Business Facebook Group —a supportive space for women entrepreneurs at any stage of their journey.

Youth Business Loans

Tailored loans for entrepreneurs aged 15–29. Fast-track approval and connections to youth-specific grants and mentorship programs.

Next Steps?

Contact Tina for more information or apply for a business loan now!

* Apply for a Loan

* The Business Loan Application Process Step-by-Step

  1. Applicant completes the online application and uploads their completed Business Plan, past financial statements, 12-month cashflow projection and two pieces of ID.
  2. Documentation is reviewed by the Lending Consultant.
  3. Lending Consultant and applicant have discussions to clarify points in business plan or application as needed. 
  4. If it is recommended to the Community Futures Huron Board of Directors for approval, Community Futures Huron will complete a credit check.
  5. Application is presented to the Community Futures Huron Board of Directors for approval.
  6. If approved, a Letter of Offer is extended to the applicant for signature and return to Community Futures Huron. 
  7. Funds are normally made available within 2 weeks after the Letter of Offer is returned to Community Futures Huron. 

Costs 

  • There is a 2.5% loan development and maintenance fee (to a maximum of $2,500) that is paid up front after the loan is approved. 
  • Applicants are responsible for all legal costs to complete the loan securitization package. These funds can be paid for from the proceeds of the funds to be borrowed. 

Loan Information 

  • Maximum loan size is $300,000.00 to be used for the purchase of fixed assets, leasehold improvements, inventory, expansion, start-up or working capital or a combination of any along with some consolidation. 
  • Flexible repayment terms and no prepayment penalties.

Need Help? 

If you get stuck in the application process, just contact Tina, and she’ll help to get you on track.

Community Futures Huron is located at 435 Turnberry Street, Brussels, Ontario.

Office hours are Tuesday to Friday from 10 am to 3 pm. Phone: (226) 889-8256; email: pnichol@cfhuron.ca.

Areas we serve: Howick, Wingham, Blyth, Brussels, Dungannon, Goderich, Clinton, Seaforth, Hensall, Zurich, Bayfield, Exeter.

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