WHAT WE DO
Community Futures Lac la Biche is one of twenty-seven not-for-profit Community Futures Development Corporations in Alberta under contract with Western Economic Diversification Canada (WD). These corporations have been established to assist rural communities expand local economies by providing access to business resources and financial assistance in the form of loans for business start-up and expansions as well as lines of credit.
We currently offer a wide range of financial and business services from commercial loans, loan guarantees and equity financing up to $150,000.00 to help start, purchase, finance, modernize, refinance, or expand a business. As a developmental lender, we are flexible in finding a loan solution tailored to your needs. In addition, we offer business plan assistance and assessment, marketing research assistance, strategic planning, financial projections for third party financing and a wide array of business information.
Since September 1986, over $44 million in small business loans has been advanced through over 700 loans to more than 500 businesses in the Lac La Biche region.
“At Community Futures Lac La Biche, we believe entrepreneurs are the backbone to our local economy.”