skip to content

Nishnawbe Aski Development Fund

Thursday, April 19, 2018
Take our Survey
Community Futures Development Corporation

Loans

Click here to view the printer friendly version.

Loans

If you are a Aboriginal entrepreneur or a majority-owned Aboriginal business operating in Northern Ontario, you may qualify for a loan from NADF (Nishnawbe Aski Development Fund) to establish, expand or acquire a business.

QUICK LINKS

Questions?  Contact Us ι Email Us 


Applicant Eligiblity

  • Individuals of Aboriginal heritage (First Nations, Metis or Inuit)
  • Wholly-owned or majority-owned Aboriginal businesses
  • Be over the age of 18
  • Reside in Northern Ontario
  • Business must be established and operating in Northern Ontario

Loans Limits

NADF's loan fund maximum is $500,000, and in exceptional cases, up to $1,000,000.


Application Process

To apply for a loan from NADF, we require:

  1. A viable business plan.
  2. Proof of equity.
    1. Applicants 18-35 years, minimum 10% equity requirement
    2. Applicants over 35 years, minimum 15% equity requirement
  3. Completed application form

    Step 1: Contact NADF to discuss your business idea to determine eligbility.

    Step 2: If you and your project are deemed to be eligible, complete and sumbit our loan application and be sure to include your business plan, and all other supporting documents.

    Step 3: Your Account Manager will conduct an assessment of your business plan.  As part of our due diligence, you may be contacted to provide additional information and/or clarification.  A recommendation for financing (approve or decline) is based on the viability of your business idea, as demonsrated in your business plan.

    Step 4: Upon completion of our assessment, we will contact you to discuss the results.  The amount of time required to complete an assessment of your business plan depends on the complexity and completeness of your application.


      Apply

      Download Financing Application

      Questions? Contact UsEmail Us

      Services


      Opinion Poll

      NADF's programs and services support business and economic development in northern Ontario. What services are you aware of? (Select all that apply)
      Loans
      Leasing
      Appraisal Services
      Resource Sector Advisory Services
      Community Strategic Planning
      Business Support
      ABFP and/or LIC
      View Results

      Connecting


      Newsletter

      Register to receive our newsletters and information on upcoming events.

      FedNor