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Introduction

Micro-loans are variable rate term loans made to assist small businesses or community organizations, to help grow/start/expand their business. It is a loan that would not otherwise be made available or would be available only under less favourable terms. These loans will be approved under the Commercial limits but underwritten in a similar manner to an unsecured personal loan.
 
Eligibility for this program is to be based on community and social impact as well as the viability of the business/organization
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