WeBC
If you are a woman between the ages of 19 and 39, you could access a loan of up to $70,000 with flexible repayment options, as well as free, ongoing business advice from your personal business advisor.
Some of the key features of the Loan program include:
Loan of up to $70,000, no security required Flexible repayment options and up to six months interest only One-time loan administration fee of 1% before disbursing the loan No penalty for early repayment Free, ongoing business advice from your personal Business Advisor Mentoring Free business skills training
All applicants must be:
Between the ages of 19 and 39 A woman (or women) who owns and controls at least 51% of a business that is registered and located in British Columbia A Canadian citizen or permanent resident Residing in British Columbia
How to Apply
If you intend to apply for a loan from WeBC to start, expand or purchase a business you will need to provide all items on the Loan Application Checklist, and participate in one of their bi-weekly phone-in info sessions about the loans program.
Sessions are held every second Tuesday at noon (PST). During this session, the facilitator will:
Review our lending criteria Answer your questions Advise you on how to apply Provide you with a resource package
Suggested Prompts
How might the flexible repayment options and interest-only periods benefit young women entrepreneurs in managing their cash flow?
What additional support or resources could enhance the success of women-owned businesses in British Columbia beyond access to loans and mentoring?
In what ways could similar loan programs be adapted to support entrepreneurs in different regions or industries?
Module Comments 0 Analytics Settings
Introduction
MODULE
Introduction: What is Non Dilutive Funding?
MODULE
Introduction: Resources
Loans available in Canada
MODULE
Loans Available in Canada: Resources
MODULE
Loans Available in Canada: RBCx
MODULE
Loans Available in Canada: TIMIA Capital
MODULE
Loans Available in Canada: Clear.Co
MODULE
Loans Available in Canada: Canada Small Business Financing Program (CSBFP)
MODULE
Loans Available in Canada: WeBC - Loans for Young Women Entrepreneurs in British Columbia
MODULE
Loans Available in Canada: Other Loans (list)
BDC
Tax Credits
Talent
Grants
Other Sources Available in Canada