FAQ’s2024-08-07T10:36:55-04:00

FAQ’s

Not sure if you are eligible? We do our best to provide the answers you are looking for!

I am Metis?2024-06-25T11:39:40-04:00
What is your service area?2024-06-25T11:37:31-04:00

Your business must be located in First Nations Mississaugas of the Credit First Nation Six Nations of the Grand River or in Counties Oxford, Norfolk, Perth, Waterloo, Wellington Peel, Dufferin, Grey, Brant, Haldimand, Hamilton, Niagara, Halton, Simcoe, and York including the GTA

When should I contact Two Rivers2024-06-25T11:36:01-04:00

Contact us as soon as possible, after you have made a decision to proceed with your business idea. Our knowledgeable and experienced team are able to advise you on what resources are available.

How high should my credit score be to be approved for a loan?2024-06-25T11:35:45-04:00

Each credit check is thoroughly reviewed at time of application, not just the actual score.

Do you write business plans?2024-06-25T11:35:26-04:00

No, we recommend you take a class or find a template online. Our Business Support Officer will review your business plan and let you know if more information is required.

I am in school and I want to start a summer business where can I get financing?2024-06-25T11:35:11-04:00

Please refer to our section on Youth Enterprise Fund

What percentage of business ownership do I need as a status member?2024-06-25T11:33:24-04:00

You need to have a minimum of 50.1% ownership of the business

What is proof required proof of native status?2024-06-25T11:32:59-04:00

·        Certificate of Indian Status (“Status Card”) issued by the Government of Canada; or,
·        Métis Nation of Ontario membership* card, or another Métis provincial governing body affiliated with the Métis National Council*; or,
·        Inuk/Inuit membership card (recognized though Inuit Tapiriit Kanatami); or,
·        For Non-registered, long-form birth certificate(s) plus a Certificate of Indian Status (Status Card) of a parent or a grandparent.

I want to start or expand a business, where do I begin?2024-06-25T11:32:38-04:00

To establish or expand your business you will need to demonstrate relevant experience, possess sufficient equity, the ability to repay, and most importantly, demonstrate commercial viability of your business idea through a business plan.

What if I only want grant dollars?2024-06-25T11:32:08-04:00

You must be approved for a Two Rivers CDC loan, there are no 100% grant dollar solutions.

How much in grant dollars can I access?2024-06-25T11:31:46-04:00

You must apply for a Two Rivers CDC loan first. If your loan is approved and grant dollars are available they will be applied at that time.

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