CFDC-SC provides term loans that are typically designed for repayment over a span of three to five years.

In 2016, in honor of our esteemed long-time volunteer and dedicated Community Futures Champion, Barrie Wilbee, we established the Barrie Wilbee Endowment with the Sunshine Coast Community Foundation. This endowment is specifically crafted to provide financial backing for educational and learning endeavors geared towards local entrepreneurs. It represents our singular non-lending financial assistance initiative for entrepreneurs and small businesses within the Sunshine Coast Community.

Furthermore, we engage in collaborative partnerships with non-profits and community organizations, occasionally pooling resources to drive community development projects that align with our mission and vision.

We also encourage entrepreneurs and small business owners to browse the Government of Canada's Business Benefits Finder which is a very valuable resources in navigating funding and grant options.

The interest rate for a loan is influenced by a range of factors carefully evaluated by CFDC-SC. Our variable interest loans are structured with a pricing based on the Bank of Canada prime rate plus 2-5 points. These factors take into account the 5Cs of Credit, community and economic impact, as well as alignment with the UN's Sustainable Development Goals (SDGs). Additionally, we are committed to fostering diversity and inclusivity by actively seeking to support groups such as women, entrepreneurs with disabilities, and minority entrepreneurs through our lending initiatives.

CFDC-SC applies a nominal 2% service fee to each loan transaction, contributing to the essential operational capital of our organization. We also charge a credit check fee, security registration fee, and may other charge other administration fees when and if required.

To schedule a meeting to discuss your business and/or financial needs, please kindly complete the form on our Contact page. Provide a brief description of your inquiry, and a member of our team will promptly reach out to you. We look forward to connecting with you.

From Earl's Cove to Port Mellon, CFDC-SC proudly serves the Sunshine Coast Regional District.

We are located at 5500 Wharf Ave, Sechelt, BC V0N 3A0 in suite 301 which is on the third floor above The Bakery.

The Government of British Columbia offers a wide range of small business resources on its website, including guides, tools, and information on starting and growing a business. You can explore these supports at: https://www2.gov.bc.ca/gov/content/employment-business/business/small-business.

Check out our blog for the top 10 things lender look for when evaluating a loan.