At a glance
Who it may support
IFIs directly; Indigenous SMEs benefit through IFI loans
Indigenous eligibility
End borrowers follow IFI Indigenous eligibility
Eligible uses
Business loans delivered by IFIs
Business stage
Start, acquire, expand and scale
What to prepare
Application form; Indigenous identity/ownership evidence; business plan; project budget and quotes; 2–3 year financial statements or opening balance sheet; 12–24 month cash-flow forecast; personal net-worth statement for owners/guarantors; incorporation/registration documents; ownership chart; résumés; financing confirmations; permits/leases as applicable
Application process
Confirm fit with program officer; complete intake/application; submit documents and financing plan; respond to due diligence; receive approval/conditions; sign agreement; claim/disburse funds and report
Financial considerations
Owner equity: Set by IFI
Collateral and credit: Set by IFI
Stacking: Usually permitted subject to total government-assistance limits; disclose all sources