How to apply for a Business Loan!

• Step 1 - Participate in our telephone Loans Info Session, Click here
• Step 2 - After the session, you can request an application form be emailed to you
• Step 3 - Talk to the facilitator of your Loans Info Session or another Business Advisor if you have additional questions

• Step 4 - Prepare your documentation and apply to our head office in Kelowna.  Please be advised that a full assessment and final lending decision takes approximately 4 weeks from the time we receive all necessary information

  Do you have everything you need? Checklist here >

When you apply, you will need the following minimum information:

• Completed Women's Enterprise Centre Loan Application Form(s) for all partners and guarantors
• Non-refundable application fee of $75
• Two copies of  your business plan, including financial projections
• A resume for all applicants and resumes of your key staff
• Up to date income statement or profit and loss and balance sheet for existing businesses
• If you are an existing business or if you are purchasing an existing business, we will require the last 2 years of financial statements, and an aged accounts payable and accounts receivable schedule

We may also require additional information to complete our initial assessment such as:

• Legal documents such as articles of incorporation, shareholder agreements, purchase agreements, lease agreements and/or franchise agreements; and
• Registration or proof of ownership and value assessments for any tangible assets used as security for the requested loan

Women's Enterprise Centre performs a credit check on all applicants/co-applicants and guarantors who apply to us.

Do you have everything you need? Checklist here >