EODP Retro-fit Loans

South Lake CFDC, operating under the Eastern Ontario Development Program, has been providing deferred interest loans for retrofitting/renovating unutilized, or underutilized, existing commercial, industrial or retail space.  The Funds may also be used for "environmental retrofits" and "street-scaping" initiatives.  Although the renewal of EODP did not include any new funds for this initiative we are still able to use funds repaid from earlier loans to fund new applications.  Funds may be advanced, on a deferred interest basis, for up to 10 years.  Successful applicants, who adhere to the principal repayment requirements, will effectively pay no interest on these funds.
 
To Apply
Applicants must complete the Access to Capital Application, our Business Loan Application, and provide a Business Plan and Cash Flow Forecast.  All of the required documents and templates can be downloaded below.  If you have a problem downloading this pdf application file contact our office and we will be able to provide you with either an MS Word version or a hard copy.

Other information on our lending services can be found in the Financial Services Fact Sheet. 

*NOTE: At this time, the amount of Access to Capital funding is limited. Please contact the South Lake CFDC office for funding availability prior to completing an application.