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Do you need to:Women’s Enterprise Centre is the leading full-service business resource for BC women who are starting or scaling their own ventures. They provide business loans up to $150K, with access to an additional $100K through a new partnership with BDC. WEC has fueled the success of women-led businesses since 1995, providing business skills training, personalized business advice, mentoring, practical business resources and a supportive community to help women business owners gain the skills, mindset, financing and networks they need to realize their business potential.
You might have come across the term 'government guaranteed loan' in passing while researching your business financing options, but what does it actually mean? To simplify, think of the first time you applied for a car loan. Was someone (perhaps a parent) willing to co-sign for you? For a business in need of financial support, however, your parents probably aren't the strongest candidates to support your needs.