What is the Traditional Business Loans?
The Traditional Business Loans is a Métis program administered by Métis Financial Corporation of BC, serving British Columbia. Business loans for Métis entrepreneurs in British Columbia who meet the identification and residency criteria.
Funding: Set per application.
How Métis program funding works
Métis programs are delivered by Métis capital corporations and Métis governments. They are generally reserved for Métis citizens or Métis-owned businesses in the delivering organization's province or region.
How to prepare an application
- 01Confirm the current intake window, eligibility and funding amounts directly with Métis Financial Corporation of BC on the official program page. These change from year to year.
- 02Gather proof of Indigenous ownership, membership or citizenship if the program requires it. Verification can take time, so start early.
- 03Prepare a clear project description, a budget showing every source of funds, and recent financial statements or a forecast.
- 04Line up the rest of the financing. Many programs fund only part of a project and expect the balance from equity, a lender or another program.
- 05Submit before the deadline, keep copies of everything, and report on the project as the funding agreement requires.
Combining it with other capital
Non-repayable funding works best when it is sequenced before debt. Grants and contribution agreements reduce how much a business needs to borrow, which can make the loan that follows smaller and easier to approve. Read why we stack non-dilutive capital before debt, or see how our grants and non-dilutive capital service works.