Small Business Loan Guarantee Program

The program offers loan guarantees and financing for various business purposes in Nova Scotia. It is a joint initiative by the Nova Scotia Co-operative Council, Atlantic Central, local credit unions, and the Province of Nova Scotia.
  • Nova Scotia Co-operative Council
Overview of the Small Business Loan Guarantee Program program:

The Small Business Loan Guarantee Program in Nova Scotia offers financial support to small businesses, including start-ups and social enterprises. The program provides loans with a guarantee of up to 90% by the province, with a maximum loan amount of $500,000. It is available to various business structures, including not-for-profits, co-operatives, and private businesses. To qualify, businesses must be based in Nova Scotia and members of a local Credit Union. The program aims to facilitate access to capital for businesses that have a positive social or economic impact on their communities.

Eligibility criteria of the Small Business Loan Guarantee Program program:
  • Type of Enterprise:
  • Start-ups
  • Growth and expansions
  • Business Structure:
  • Not-for-profit organizations
  • Co-operatives
  • Private businesses
  • Impact:
  • Must have a positive impact on a social or environmental issue
  • Should address a community need or maximize a community opportunity
  • Location and Membership:
  • Must be registered and based in Nova Scotia
  • Can be new or existing members of a credit union
  • Must be a member of a local Credit Union (i.e., have a bank account) at the time of fund disbursement
  • Good Standing:
  • Applicants must be in good standing with the Canada Revenue Agency
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

Innovation LoanOPEN
  • Community Business Development Corporations (CBDC)
Workplace Innovation and Productivity Skills Incentive (WIPSI)OPEN
  • Nova Scotia Department of Labour and Advanced Education
Hire an apprenticeOPEN
  • Ontario Ministry of Training, Colleges and Universities
Market Readiness CriteriaOPEN
  • Tourism New Brunswick
Advanced Artist AwardOPEN
  • Yukon Department of Tourism and Culture
Affordable Rental Housing Fee WaiverOPEN
  • City of Kitchener – Planning Division

Other Grants and Funding by Region

Training Assistance Program (TAP)OPEN
  • Government of Nunavut
Cultural Economic Development Program - Arts ComponentOPEN
  • Newfoundland and Labrador Department of Tourism, Culture, Industry and Innovation
Arts Project Fund - LargeOPEN
  • Government of Northwest Territories
Joint Venture ProgramOPEN
  • First Peoples Fund
Accessibility Fund: Project SupportOPEN
  • Ontario Arts Council
PARO Centre for Women's Enterprise- Lending Circles OPEN
  • PARO Centre for Women's Enterprise
Start-Up Loans Program OPEN
  • Wabasca Entrepreneurial & Marketing Board (WEMB)
Fisheries and Sealing - Commercial Fisheries Freight SubsidyOPEN
  • Nunavut Department of Economic Development and Transportation
Entrepreneur Development Fund (SBSP)OPEN
  • Government of Nunavu

More Grants and Funding by Industry

Certification Process OPEN
  • BC Green Business
Small Business Investment GrantOPEN
  • Government of PEI
Indigenous Artists in CommunitiesOPEN
  • Ontario Arts Council
Recovery Technologies Program OPEN
  • Alberta Innovates
Agriculture Loan and Loan GuaranteesOPEN
  • Department of Agriculture, Aquaculture and Fisheries, Government of New Brunswick
IO Accelerator ProgramOPEN
  • Invest Ottawa
Women Founders Investment Preparedness ProgramOPEN
  • Canadian Women's Foundation
Community Grants ProgramOPEN
  • Insurance Corporation of British Columbia