Guidance. Support. Community.
Business Loans to Help You Get
Your Business Moving Forward
Business loans, tools, mentoring, guidance, and support for rural small business owners and entrepreneurs in Alberta.
SMARTstart your business
Get the tools to help build a plan and
set up your business up for success.
We’re More Than Just A Business Lender - We’re Your Partner For Growth And Success
At Community Futures Centre West, we can help you jump over the hurdles to get funding to start and grow your business.
Our small business advisors will connect you with the skills and resources you need to succeed. We provide training, upskilling, and financial support to build your confidence and expertise, while strengthening our communities through diversification of businesses and industries.
Whether you’re in the start-up phase, planning for growth, or you’ve been turned down by a financial institution, our team is here to help you.
Loans, Coaching & Training for Small Rural Businesses Like You
Whether you're just starting out, trying to expand your business, or looking for some guidance on how to sell your company, Community Futures is here for you every step of the way.
Our skilled team offers a wide variety of business support services, designed to help rural business owners launch new services, attract more customers, and thrive in an increasingly competitive business environment.
Whether you need help writing your business plan, securing funding, or exploring your online marketing opportunities, our business advisors can help. With years of experience helping small business owners in the Centre West region, our team knows what options are available to you and can help guide you towards your business goals.
If you're struggling to find investment for a new business, exporting your products, investing in technology, or just trying to seize a new business opportunity, our flexible business loans may be the answer you're looking for.
With loans up to $150,000, we're known for saying “yes” when other lenders say “no”, with flexible qualification criteria.
Want to expand your skill set? We offer a wide range of business training programs and upskilling opportunities, from health and safety training to quick-start business intensives.
Learn how to market your business, understand basic accounting, and explore how to attract and retain talent as a rural business.
Let’s Work Together for Your Clients' Success
We know that it can be frustrating when an enthusiastic entrepreneur comes in, has a great business idea, however, the business can't get the funding they need to get started.
When a financial institution’s business lending policies don't allow for a prospective client to receive a lending product, we want to partner with you to ensure their success and help bridge that gap.
Frequently Asked Questions
The best place to start is to schedule an appointment with us.
General eligibility criteria include:
- Your business must be located in a rural community of Alberta
- You must be involved in the day-to-day operations of the business
- You must be of legal age and a resident of Canada
- You must contact a bank first. If you are unable to secure appropriate financing under reasonable terms elsewhere, contact us.
If you are looking for a loan for your business, you must contact a bank first. If you are unable to secure appropriate financing under reasonable terms elsewhere, then you may be able to get financing with us.
If you are interested in applying for a Community Futures business loan, you must be prepared to make a personal investment. We ask that you provide cash plus security (such as vehicles, equipment, land, buildings, etc.) to back the loan. This shows that you are committed to making your business work.
Yes. All financial institutions including Community Futures will run a credit check on you or your incorporated company to see if you have dealt responsibly with past loans and debt. A bad credit rating is a concern to most lenders, including Community Futures. More information can be found on Industry Canada's website: http://strategis.ic.gc.ca. There are a number of things you can do to improve your credit rating. Feel free to contact us to discuss options.
Yes. A business plan provides important information about your company's management expertise and viability. Almost all financial institutions, including Community Futures, require that you prepare a business plan – and we can help you write it, or provide you with useful tips and tools.
We strive to provide a decision for each loan application within 10 business days from the date the completed loan application (including all required support information and documents) is received by the Community Futures office.
No. Community Futures loans and services are only available for businesses in rural areas. Your business must be located outside of the metropolitan areas of Calgary and Edmonton (including St Albert and other communities within the Edmonton Capital Region).