Métis Financial Corporation of BC (MFCBC) can help Métis entrepreneurs who plan to start a new business, who need funds to expand on their existing business or who are hoping to acquire an already established business. Although it is our desire to help as many Métis entrepreneurs as possible, MFCBC’s financial services are not designed to assist everyone. Each applicant has to meet several basic requirements in addition to specific conditions that will be identified as each application is evaluated. Loans are for projects which are fundamentally sound with reasonable risk factors and can be supported by a business plan.
Loan applicants must be Métis, have been a resident of British Columbia for at least six months, be a minimum of 18 years of age, have a business plan that demonstrates capacity to repay the loan and have a minimum cash equity of 10% of the total cost of the project. (This minimum 10% equity requirement may be greater depending on type and size of project).
If our funding and services seem like a great fit for you, please start your process by clicking here.