Community Futures Program

Alternative lending solutions for small and medium-sized enterprises in Northumberland, Ontario, Canada.

Powered by Nventure.

Community Driven

Nventure provides alternative lending solutions (up to $250,000) for small and medium-size enterprises located in Northumberland, for business start up, stabilization and expansion. Nventure loans are competitive, flexible and affordable. We are not in competition with the banks. And we believe in supporting industry and entrepreneur-led growth as pathways to future prosperity.

The Community Futures Program (CFP) is an evergreen fund permanently backing businesses in Northumberland, with the support of FedDev Ontario and the Government of Canada.

We are here to contribute financial momentum for visionary local projects and ventures that will create jobs and growth. Apply today, and let’s start building towards a dynamic and exciting future.

  • Loans up to $250,000

    • Interest rates starting at Prime +2% (and no more than Prime +5%)

    • General Security Agreement (GSA) and Personal Guarantee

    • Up to 60 month terms

    • Repayment schedules can be customized for seasonal business cycles

    • No prepayment penalty

    • Non-dilutive

    • Niche loan programs with flexible terms may be offered to priority clients (e.g. social enterprise, accessibility loans, recent new Canadian-owned and led businesses, etc.)

    If the application is approved there is a Loan Administration Fee of 1% of the approved loan up to a maximum of $1,000.

  • Please click here to read our detailed CFP application guide, including eligibility and suitability requirements.

  • We recommend that you gather the following information and digital documentation:

    • Copies/scans of two forms of photo ID

    • Articles of Incorporation and/or Business Registration (Master Business License, Sole Proprietorship or General Partnership)

    • Any financial statements or business planning documents you have on file electronically

Affordable and Flexible Lending

CFP loans are available for local companies at any stage of development and in any industry, with customizable repayment schedules for loans up to $250,000 and up to 60-month amortization.

  • Competitive Interest Rates

    As an alternative lender for local businesses and social enterprise, Nventure offers low-cost financing.

  • No Prepayment Penalty

    Is your business bankable? Simply pay off your CFP loan at any time without incurring any additional charges.

  • Concurrent Support

    Our team is with you on your entrepreneurial journey offering advisory services, industry connectivity and helping to identify follow-on funding opportunities.

Whatever your vision for your business is, the Community Futures Program can help you grow.

Nventure’s Investment Committee includes industry experts, entrepreneurs and representatives from all lower-tier municipalities in Northumberland, as well as Alderville First Nation.

Learn more about our Board of Directors.

Connect with the Community Futures Team