Relief & Recovery

The health and well-being of you, your enterprise, and your community is our top priority during the COVID-19 challenge. We stand ready to support enterprises through to a more stable period. We are providing relief for enterprises experiencing hardship as a result of the outbreak. Plus, we are offering recovery loans for organizations negatively impacted.


We are deferring all loan payments for 3 months from April 1 until June 30 2020. No payments are required during this time. We will not charge any interest during this 3 month period. You do not need to apply for this relief as it will be automatically extended to you.

Recovery Loans

Community Futures is offering recovery loans to support organizations that are being negatively impacted by the COVID-19 outbreak. New and existing clients may apply for recovery loans until April 30 2020. Loans may be used for working capital to support payment of expenses. There will be no requirement to make any payments during the first 3 months of recovery loans, and the application fee is waived.

Loans available 

  • $20,000 – 3.45%; 5 year term
  • $15,000 – 3.45%; 4 year term
  • $10,000 – 3.45%; 3 year term
  • $5,000   – 3.45%; 2 year term

If your business wishes to apply for more than $20,000, Community Futures may require more information to support the application.

You can apply for a loan by emailing Dominique Jones, Social Finance Specialist, at, with the following information:

  1. Completed Loan Application
  2. Business License, Articles of Incorporation or Partnership Agreement
  3. Annual Financial Statements for 2 Years
  4. Copy of Business Insurance Policy
  5. Responses to COVID-19 Enterprise Impact Assessment questions below

COVID-19 Enterprise Impact Assessment

  1. How has COVID-19 impacted your business? (Please be specific in terms of the nature of your business and the financial impact year over year.) 

(Example: ‘We produce locally-sourced sustainable food and the majority of our revenues come from in-person sales in our retail store. In-store sales in a typical March are between $50,000-$60,000. In March 2019, we made in-store sales of $57,000. In March of 2020, due to the COVID-19 outbreak, in-store sales were $8,000. This was only partly offset by a new home-delivery subscription service we are offering. Regular monthly expenses are $10,000 including store rent, wages, and inventory.’)

  1. Please detail how the COVID-19 Relief Loan will be used and how long this will sustain your business?
  2. Are you considering any changes to your business in light of the economic impact of the COVID-19 challenge?
  3. What is the biggest challenge facing you and your business now, and in the coming months?


We encourage you to stay informed about the disease, and monitor Canada’s COVID-19 Economic Response

Let’s build something together.

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