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.

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)

• Resume

• Provide evidence that you have a business opportunity

• If you are an Incorporated Business we need a copy of your Incorporated Documents

• If you are an existing business you should include your financial statements for the past three years

• If there is more than one owner, please have each owner complete a loan application

You can submit your application in any manner that suits you:

Mail
Apeetogosan (Métis) Development Inc.#302, 12308-111 AvenueEdmonton, AB T5M 2N4

Email
office@amdi.co

Fax
780-454-5997

or Drop it off in person
#302, 12308-111 Avenue NW Edmonton, AB T5M 2N4

We also have a Cashflow worksheet 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.

No.

This is dependent on several factors including:

• Apeetogosan’s current work in progress. Files are generally treated on a “first in, first out” basis. The timing involved in providing additional information as requested by Apeetogosan. For example, a business plan. The complexity and size of the deal.

• The length of time it takes to analyze the information provided, prepare a recommendation and register the security for the loan.

10% is the minimum equity required. Apeetogosan, like any other lender, is concerned about controlling its level of risk. The age and type of security pledged to secure the loan often dictates the minimum level of equity required from the applicant. In addition, the level of risk due to the nature of the business also influences the minimum equity required. The loan will still require the necessary security as per policy.

Apeetogosan’s interest rates are comparable to rates charged by most of Canada’s major chartered banks. Our benchmark rates are based on rates established by the Royal Bank of Canada and adjusted according to risk.

Yes. The loan fee is charged to cover the costs of conducting business. These costs include fees for reviewing your loan application, fees for preparing your loan application, administration fees for preparing and registering the security documents and other “out of pocket” costs incurred by Apeetogosan. The loan fee does not cover any legal costs that may arise (ex. Notarization of a Personal Guarantee). Generally, the loan fee is a minimum of 1% of the total amount approved. This fee may be adjusted depending on the level of risk and/or administration costs.

• The credit history of the applicant.

• The viability of your business proposal. That is, does it make sense? Is there a solid, verifiable market for your product or service?

• Management capabilities, experience and background of the applicant.

• Cash flow prospects for the business to ensure you can comfortably repay the loan.

• The competitive position of your business in the industry it is involved in.

• The level of collateral security provided for the loan.

• Your business’s sensitivity to external factors such as the economy, dependence on certain industries, etc. If so, are contingency plans available? That is, are there alternate sources of repayment?

• Not enough owner equity in the business

• The business appears too risky

• The prospects of repayment are poor

• There is not enough security

• The applicants have inadequate management skills

• The product or market is unproven

• The applicant has a poor credit history