Go over the requirements and access the loan application form from this page. We want to make this process easy for you so please give us your feedback! At Apeetogosan we provide business loans to eligible Métis, Inuit or Non-Status Indigenous entrepreneurs for establishing, acquiring or expanding a profitable business.
Loan Applicants Must:
- Be Métis, Inuit or Non-Status Indigenous people
- Be a resident of Alberta for at least 6 months
- Be a minimum of 18 years of age
- Have a business plan that demonstrates capacity to repay the loan. (We can advise applicants how these can be prepared)
- Have a minimum cash equity of 10% of the total cost of the project. (This minimum 10% equity requirement may be greater depending on type and size of project)
Why should you apply for your loan through us?
We pride ourselves in having all the services that our clients need under one roof. We are committed to providing competitive interest rates on our loans and work closely with you to determine what would work best for your loan terms.
Your success is the key here and we want to help you! Keeping an open dialog is an important way we help you achieve your goal of starting or expanding a business. Help can come in many forms so we have business consultants available here for you as well as the services that are provided through Pinnacle Business Services. We can assist with Business Plans, Bookkeeping Services, Marketing Plans and much more.
What are the terms?
Our loan size can range up to $325,000 or as small as $5,000. We know that no two businesses are the same and so the risk and term of the loan determine the interest rate and therefore are decided on case by case.
Apeetogosan can provide financing to virtually any industry sector including construction, retail, manufacturing, service, tourism, natural resources, and transportation to name a few. Feel free to give us a call to discuss your business idea.
There are a number of ways you can get started so please choose the method that best suits you.
First things first; you need the Application Form.
Do you have a lot of questions? Would you rather speak with someone before you fill out the application form? No problem! Please call our office and someone will be happy to answer your questions and explain how this all works.
Once you are ready you can begin filling out the loan application form on your own. The application form is basically a mini business plan. Within it’s pages you will be asked what type of business you are starting/expanding and what the project costs are going to be. Who are your business partners if you have any. As well as what your experiences are.
Please be thorough. Do not leave blank spaces if it can be avoided. If you are hand writing please make sure to print legibly. Most importantly make sure you sign the final sheet of the application form.
We also have some tools for you that may be of assistance;
The Business Plan Workbook; this booklet helps clients prepare a plan of action for the start-up or expansion of their business or project. It is a compilation of information to be used in a business plan. This will be a basis for both the Account Manager and the client to monitor the progress of the business plan and to make any necessary adjustments.
We also have a Cashflow work sheet available for your use. This can help you to estimate your costs and how much you may need to charge for your products or services.
Submit Your Loan Application
When you are ready to submit your loan application form be sure to send it with a copy of your Métis card and any other supporting documentation that you feel would support your application. You should keep all original documents and only send us copies.
What Documents should you submit with your Loan Application:
It is important to submit the following with your application in order for it to be submitted for review.
- Proof of Cash Equity (bank statement)
- If you are an Incorporated Business we need a copy of your Incorporated Documents
- If there is more than one owner, each owner must submit a filled out application
You can submit your loan application in any manner that suits you;
Apeetogosan (Métis) Development Inc.
#302, 12308-111 Avenue
Edmonton, AB T5M 2N4
or Drop it off in person
#302, 12308-111 Avenue
Edmonton, AB T5M 2N4