Assiniboine Credit Union

Abbreviation:

ACU

Website:

Funding Amount:

$10k - $25k, $25k - $50k, $5k - $10k

Geographic Area:

Manitoba

Summary:

The Assiniboine Credit Union is a community-based financial co-operative with 22 branches in Winnipeg and one each in Gillam and Thompson, MB providing a full range of financial services.

One unique feature is the Micro-Loan Program providing access to loans for small business start-up and expansion in the Winnipeg area as well as social enterprises.In addition, SEED Winnipeg offers a business management training program for individuals living on low incomes and supports them to complete a business plan. With a sound business plan, those in need of financing can access small loans at ACU through a joint SEED-ACU credit review process that considers both the strength of the business and the value added to the community.

Funding amount: $5,000-$50,000

Program Objective:

Very large to micro-enterprises, co-operatives, and not-for-profit organizations

Investment Type:

Business loans; Micro-loans; Customized lending products for not-for-profit groups; Loan financing

Key Features:

n/a

Client Group:

Individuals, Organizations