In an effort to support businesses who have been impacted by recent flooding, Muskoka Community Futures Development Corporation is offering financial assistance for businesses to help with recovery from flood damage.
Muskoka Futures has developed a specialized loan fund to assist businesses that have been affected. Loans of up to $25,000 are now available at zero per cent interest for up to two years.
“As an organization that supports business development in Muskoka, Muskoka Futures staff and board members worked to respond quickly in developing a financial assistance program that would help business owners trying to find ways to deal with the impacts of the flooding and re-open their businesses,” said Executive Director David Brushey.
The program will provide financial assistance with costs related to infrastructure, inventory, equipment, operations, or other areas of need identified by business owners. Applications will be accepted immediately and be treated as a high-priority with the goal to provide assistance as quickly as possible.
Applications to this loan program will be accepted until June 30, 2019. In cases where a business demonstrates a need for financing beyond the limits of this program, Muskoka Futures will consider applications on a case-by-case basis.
Muskoka Futures operates throughout the District of Muskoka as a community-based, not-for-profit organization supporting businesses to help them succeed by offering advisory services and financial investment.
Learn more at www.muskokafutures.ca or call (705) 646-9511.
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