Regional lending fund

SOFII Business Loans

Business loan

RepayableVerify current productSouthern Ontario

At a glance

AdministratorSouthern Ontario Fund for Investment in Innovation
Maximum amountProgram-specific
Funding typeBusiness loan
IntakeRolling
Decision timelineNot publicly guaranteed; ask administrator

Who it may support

Indigenous-owned SMEs in Southern Ontario and other eligible firms depending on product

Indigenous eligibility

Confirm product-specific Indigenous ownership

Eligible uses

Growth capital, equipment, commercialization and working capital

Business stage

Growth and innovation

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: Case-specific

Collateral and credit: Viability, credit and security review

Stacking: Usually permitted subject to total government-assistance limits; disclose all sources

This directory summarizes public program information for discovery and is not financial advice or a determination of eligibility. Programs and budgets can change without notice.