For information on business loans, and support services book a FREE consultation

Activities and Projects

Community Investment Loan Fund

Funding:    

Federal Economic Development Agency for Southern Ontario (FedDev), NCFDC, NCEDC, NT Temps Inc.

Goals:    

To deliver a community investment fund and related services

Objectives:    

Disburse loans to businesses in South Simcoe that are unable to procure funds from traditional sources

Status:   

The South Simcoe Investment Review Committee continues to actively review South Simcoe loan applications. FedDev originally provided $2,648,000 in capital.  As of March 31, 2026, $14,933,977.87 has been disbursed to businesses in South Simcoe. To date, $13,677,816.43 has been leveraged from the owners and other traditional financial services for South Simcoe businesses due to the business counselling and/or investment loans provided. Since inception, 5,872.5 jobs have been created or maintained due to business counselling and/or investment loan activity.

        

Activity for April 1, 2025 –March 31, 2026  

Achieved

Number of loans disbursed

11

Value of loans disbursed

$ 1,466,180

Value of funds leveraged

$ 251,500

Active portfolio ratio

58.74%

Number of jobs created and maintained

41