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Who is eligible under the Black Entrepreneurship Loan Fund?
What businesses are eligible under the Loan Fund?
What businesses are not eligible under the Loan Fund?
What is eligible for financing under the Loan Fund?
What is not eligible for financing under the Loan Fund?
How much can be financed and what is the maximum loan amount I can access under the Black Entrepreneurship Loan Fund?
Who will process the loan applications?
How to Apply
Where can I apply for the Black Entrepreneurship Loan Fund?
How long will it take to turn around applications?
How will entrepreneurs served by other BBSOs get access to the Loan Fund?
If I cannot access financing under the Black Entrepreneurship Loan Fund, where can I go for additional information?
After I Applied
What are the penalties incurred in the event of non-payment?
Who are the people who will analyze my request?
If my loan application is refused, will I be informed of the reasons?
If my loan application is refused, will this affect my credit rating ?
My credit rating is low, however, my business plan and financial statements are strong. Which one will be considered the most in the loan application?
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BLACK ENTREPRENEURSHIP LOAN FUND FREQUENTLY ASKED QUESTIONS (FAQS)
What is the Black Entrepreneurship Loan Fund?
How is the Loan Fund connected to other components of the Black Entrepreneurship Program (BEP)?
Which entity will administer the Government of Canada’s contribution to the Loan Fund?
Which organizations make up the Federation of African-Canadian Economics (F.A.C.E.)?
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Terms and Conditions
TERMS AND CONDITIONS
Scope Of The Policy
Types of Personal Information we Collect
Purpose of Collecting Personal Information
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