Relief for Business Members – Now offering $60,000 CEBA Loans and $20,000 Expansion Funding
If you previously received a $40,000 CEBA loan, you may now be eligible to top it up with an additional $20,000.
New applicants may be eligible to apply for a loan up to $60,000. Learn more about the program changes here.
Small business owners are among those hardest hit by COVID-19. As your credit union, we are here to help you get through this with financial advice and assistance in accessing federal relief loans.
The federal government has announced several measures, including the Canada Emergency Business Account which is a relief loan designed specifically to help cover operating costs for organizations experiencing temporary revenue reductions.
Qualifying VantageOne business members can get an interest-free, government-guaranteed loan of up to $60,000 to help ease the financial strain incurred as a result of COVID-19.
The deadline to apply is March 31, 2021.