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BUSINESS SERVICES
Community Futures East Interlake offers a number of business and financial services that are customized to meet your needs.
 FREE Business Seminars at Community Futures East Interlake
Free Business Planning Assistance
Free Resource Library
Free General Business Counseling
Web-4-All Site - Accessible Internet Access Site
Community Futures East Interlake is a source of financing for new or expanding businesses that are unable to obtain financing through the traditional means. CFEI offers the following financial assistance:
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Loan programs to small and medium businesses
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Flexible repayment terms
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Flexible equity requirements
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CFEI's loans ARE repayable (No grants or forgivable loans)
All businesses that receive assistance from Community Futures East Interlake must be based within the geographic boundaries of the region and meet the criteria of the loan program they wish to apply for. Click here to download the general loan application. (Please note that the Micro Loan Program has it's own application)
General
Maximum Amount: $150,000
Equity Requirement: 10%
Entrepreneurs with Disabilities
Maximum Amount: $150,000
Equity Requirement: 5%
Micro Loan Program
Maximum Amount: $20,000
Equity Requirement: 10%
Youth Entrepreneur
Maximum Amount: $25,000
Equity Requirement: 5%
Other Conditions: 18-29 years of age
Fishing Loan Program
Maximum Amount: $10,000
Other Financing
Loan proceeds can be used for a number of business start-up or expansion requirements. There are, however, established general lending guidelines that specify what the loan proceeds can be used for.
To apply for a loan with Community Futures East Interlake, contact us to discuss your business idea and financing needs.
The following list of information must be compiled and submitted to the Community Futures East Interlake (CFEI) office before the process of applying for a loan from CFEI can begin. This information is necessary for the staff of CFEI to effectively complete an assessment of the application. The process of applying for a loan through CFEI will take approximately 4 weeks from the time the information required is received by the CFEI office.
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Confirmation of Partnership Funding or Refusal of Funding From a Bank, Credit Union or Other Program
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Financial Summary
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Personal Financial Statement
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Security
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Completed and Signed CFEI Loan Application Form
For more information on the loan application process, click here.
Click on the following link to use RBC's Loan Calculator. (HINT: When selecting the payment type please choose "Blended" from the drop down menu.)
DISCLAIMER: RESULTS ARE ESTIMATES ONLY AND SHOULD BE TREATED AS SUCH. THE LOAN CALCULATOR WAS NOT CREATED FOR Community Futures East Interlake Inc. USE.
The Self-Employment (SE) Program offers assistance to past and current Employment Insurance (EI) recipients wanting to start a business. The program is designed for individuals who have a workable business idea.
The Self-Employment Program is a provincially funded program sponsored by Manitoba Competitiveness Training and Trade and Employment Manitoba. The SE Program provides financial assistance and management training for individuals who want to start their own business.
People who currently receive EI normally lose these benefits when they start a business. Through the SE Program the client is allowed to establish the business and continue to receive benefits while on the program. In addition, other unemployed individuals qualifying under the SE program may receive benefits (in the form of a living allowance). This enables the client to have an income to live on so that they can reinvest profits back into the business.
For a complete overview on CFEI's Self-Employment Program click here.
Click here to download Employment Manitoba's Self Employment Program overview.
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