WEOC National Loan Program
Supporting the big dreams of Canada’s women entrepreneurs with loans of up to $50,000.
An inclusive approach and robust wrap-around services ensure that you and your business are set up for continued growth and success.
Supporting Women-Owned Businesses
Accessible & Flexible Loan Program
The WEOC National Loan Program was designed to reduce barriers women entrepreneurs commonly face when accessing financing.
Loans up to $50,000
Funds can be used to start a new business, or to grow or sustain an existing business
Wide-ranging Fund Usage
Eligible uses of loan funds include working capital, equipment purchases, operating expenses, and more.
No Minimum Credit Score
Our holistic approach means there is no minimum credit score requirement to qualify for a loan.
Flexible Terms
Terms up to 5 years. Loans can be repaid early, in part or whole without penalty or breakage fees.
You deserve some credit.
We want all applicants to the WEOC National Loan Program to succeed in receiving the funding they require to achieve their goals. WEOC’s Loan Fund Partners provide expert guidance every step of the way — from helping put together the necessary documents to submitting the final application.
WEOC Loan Program Eligibility
Individuals submitting loan applications must be:
- At least 19 years of age
- A Canadian citizen or Permanent Resident
- Residing in Canada
Eligible businesses must:
- Have gross annual revenues that do not exceed $2 million
- Be over 50% women-owned
Common Questions
Loan Resources
Loan Blog
The psychological barriers women entrepreneurs face around debt
National Loan Program Stories
One often overlooked hurdle for women entrepreneurs is the psychological burden of debt. While debt can be a powerful tool for growth, many grapple with unique anxieties around loans. In this post we’ll debunk common fears about debt and empower you to make informed, fearless financial decisions.
What the WEOC loans team looks for in a business plan
National Loan Program Stories
A solid business plan is the basis for any successful enterprise. Outlining the business’ goals and the plan to get there helps entrepreneurs get clear on their ideas, while allowing funders and lenders get on board by demonstrating the viability of the business.
The WEOC National Loan Program is possible with funding provided by the Government of Canada through the Women Entrepreneurship Strategy.
