Fundability Loans
Program Outline
Fundability is a loans program for entrepreneurs with permanent disabilities who cannot access traditional financing sources. The program will assist the entrepreneur with the start up or expansion of a small business. Participants can receive ongoing business coaching, networking opportunities and assistance in business plan writing. The outcome of the program is to help entrepreneurs start their business, grow their business and establish or repair their credit history.
How It Works
Participants will work with Momentum to develop a business plan, then fill out an application to request financing. Loan values vary but loan requirements become more stringent with higher value loans. With initial loans, usually under $15,000, participants must have a viable business idea.
Benefits to You
Financing can assist with:
- Asset purchase
- Marketing expenses
- Start up costs
Who Can Apply?
Borrowers must:
- Attend a Momentum business training program
- Submit a letter from a bank where your financing request was denied
- Submit a letter from your doctor confirming a permanent disability
- Have a have a viable business opportunity and a complete business plan
How to Apply?
Contact Uzo Enyi at 403-204-2685
or email businessloans@momentum.org for further information.
Financial Partners
This program is made possible by:
