Phone: 705.848.0229

Fax: 705.848.1539

Toll Free: 1.800.256.7299

Micro Loan Fund

ELNOS' Micro-Loan Fund is targeted at the small businessperson or entrepreneur who needs access to quick and simple financing.

The fund can provide simple term-debt loans up to $10,000 for viable business ideas.  A typical micro-loan will be repayable over a two-year term.

Applicants for micro-loans will not normally be required to have a current business plan, but will be required to support the business case for their request.  The documentation package accompanying the application should focus on the immediate needs of the business or the opportunity available.

Individuals interested in this fund should plan to have the majority of their supporting documentation in hand prior to contacting ELNOS, as the process is designed to move quickly after the initial meeting.

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