SMEDCO Blended Financing (SBF)
This Financing package is designed to create the most affordable primary term debt for Métis Entrepreneurs in Saskatchewan. SMEDCO has combined traditional financing with non-repayable contributions to create a low-cost borrowing option compared to basic mainstream financing options.
Sound, viable Business start-ups, acquisitions, and/or expansions
10% Cash Equity
Contributed equity may be considered on a case by case basis. 3rd party appraisal required for assets to be contributed to the project. (Non-repayable contribution is dependent on CASH Equity provided)
- Métis owned and Controlled
- The project is viable and provides a reasonable income to the owners
- Applicants must reside within Saskatchewan and business is headquartered in Saskatchewan
Loans can be from $30,000 to $500,000+, we understand that every business requires different terms to become successful. We will try to make the terms make the business in the most affordable terms.
Check out the calculator to find out your cost of borrowing for your loan with mainstream financing and our product.
Give us a call: 306-477-4350
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