ACCESS Community Capital Fund

Impact Areas:

Access to capital for individual entrepreneurs who do not qualify for traditional financing.

Abbreviation:

ACCESS

Website:

Funding Amount:

$5k - $10k

Geographic Area:

East and North Toronto, Ontario

Summary:

ACCESS Community Capital Fund is located in the Greater Toronto Area, Ontario.  ACCESS was formed to help promising entrepreneurs with viable business plans gain access to financing not available through other sources. Individual loans are made using a character based lending decision, where the abilities, skills and commitment of the applicant in conjunction with the strength of the business plan are key decision criteria.

Funding amount: $5,000 – $10,000

Program Objective:

Business start-up loans.

Investment Type:

Micro-Loans

Key Features:

Uses a step lending approach where successive loans grow with the size of the business. Provide loan guarantees for the lender in partnership with Alterna Credit Union.

Client Group:

Individuals