Loans are available for the creation, expansion or upgrading of Aboriginal businesses.
The program is open to all types of businesses but will not provide financing for revolving lines of credit or for the refinancing of existing commercial enterprises. This contribution is disbursed in instalments on a pro-rata basis over the term of the loan. These sub-contractors also provide First Citizens' Fund loans and have helped diversify and strengthen the delivery mechanism of the loan program. These sub-contracts have also assisted in developing the organizational capacity of other Aboriginal organizations. The loan approval process considers business viability, loan security, client track record and equity participation, the same as any regular financial institution.