Small Business Lending Program xx

Whether you need a small amount to attend an event or trade show, or up to $10,000 to launch or grow your business, our low-interest loans and mentorship can support you.

PROGRAM

The Rise Small Business Lending Program provides access to low-interest business loans to launch or grow your small business.

What does the program include?

.   Financing:

We offer low-interest business loans based on your stage of business development, the viability of the business concept and capacity to repay. Eligible entrepreneurs can access loans up to $10,000, with an average initial loan size of $4,000.

  • We offer a low-interest rate with an average loan term of 3 years.
  • Repayment starts 30 days post loan disbursement.
  • There are absolutely no hidden fees at all.

Rise is a character-based lender. We look at both the person and the business. Although we do consider credit history in making our lending decisions, we look at more than just a credit score. We consider the individual’s commitment to take the necessary steps to get their finances back on track.

 

.  Mentorship:

We can connect you with a Rise mentor for guidance and support. Strong mentorship positions entrepreneurs for long-term success. Our mentorship program is designed to provide Rise entrepreneurs with the necessary support and guidance as they implement their business plan and grow their business.

  • Our mentors are successful business professionals who share their extensive experience and business knowledge. Our matches are based on the area of strength/expertise of the mentor and the needs of the entrepreneur.

    An Introduction to Rise Mentorship | Getting the Most out of Your Rise Mentorship

     

    . Support:

    We can assist you by reviewing your business plan and providing resources for you to improve your business skills and financial management.

     

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ELIGIBILITY

Eligible individuals must:

  • Be motivated entrepreneurs
  • Self-identify as an individual who has experienced mental health and/or addiction challenges
  • Be unable to access traditional bank financing for their small business
  • Not be in active bankruptcy, behind on child support payments or government taxes.
  • Reside in Canada
  • Be a Canadian citizen or Permanent Resident

To apply, entrepreneurs must submit the following:

  • Financing application
  • Business plan
  • 1 year cash flow projection
  • Resume
  • Credit Report
  • Supporting documentation as required

 

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FINANCING

Rise currently offers loans up to $10,000, with an average initial loan size of $4,000.

  • We offer a low-interest rate with an average loan term of 3 years.
  • Repayment starts 30 days post loan disbursement.
  • There are absolutely no hidden fees at all.

 

APPLY NOW