Finvilo
FE

Federation of African Canadian Economics

FACE Black Entrepreneurship Loan Fund

Loans up to CAD 250,000 for Black business owners across Canada.

Confirm terms with Federation of African Canadian Economics

Provider information link, not an application on this site.

Recorded fees, rates and features

Amounts are in CAD unless the source specifies otherwise. A promotional term is not necessarily an ongoing term.

Maximum amount

CAD 250,000

Provider source
Eligibility

Black business owners

Provider source
Documents

Business and owner tax returns, personal statement of affairs, photo ID, registration certificate

Provider source
Provinces

Nationwide

Provider source

Eligibility and provincial availability

Provinces and territories
Nationwide
Application requirements
Black business owners

Ask the provider to confirm residence, age, identification, income and any credit requirements that apply to this product. A listing does not guarantee approval.

Is this a fit for you?

Use the recorded details as a starting point, then compare the full cost and conditions with your needs. Product-specific benefits, exclusions and suitability have not received a separate editorial assessment on this page.

Cost of funding

Compare interest, origination charges, repayment deductions and the total cost.

Cash flow fit

Check repayment timing against your business income and seasonal changes.

Personal exposure

Ask about collateral, personal guarantees and what happens if payments are missed.

Do not treat a factor rate as an annual interest rate. Ask the provider to explain the repayment calculation.

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Sources and important limitations

Official provider information for FACE Black Entrepreneurship Loan Fund

Terms may have changed since this information was collected. Unknown details are not confirmed, not assumed to be free or available nationwide. This is general information, not personalized financial, tax, legal or insurance advice.

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