Financing

Vancity provides a range of financing for organizations in the food sector.  

Small business and start-up loans (microfinance)

  • Be My Own Boss Loan – for small and start-up businesses. This loan helps you establish your business and bring it to a stage where you’re ready for conventional lending. We can approve a business loan based on your entrepreneurial drive, the strength of your idea and the potential of your business plan.
  • Small Growers Loan - is designed to help your farm business get off the ground. We provide loans of up to $75,000 at a competitive rate and approval is based on your character, farming training/experience, skills and knowledge, and the potential of your business plan.
  • Zero interest Microloan Fund for food – is offered by The Island Chefs Collaborative and FarmFolk CityFolk, in partnership with Vancity. Loans from $1,000 to $10,000 provide funds for growers, harvesters and processors to invest in equipment and materials that increase the supply of food in the region.
  • Microloans for green business – is designed to help start-up entrepreneurs developing green businesses or working on green technologies to be launched. We offer a stepped series of loans tailored to fit a wide range of needs.

Business banking
At Vancity we see beyond numbers and past the bottom line by adding vision, purpose and impact into our calculations. Here are some day-to-day banking services to suit your needs.

Growth capital
Vancity provides growth capital to profitable high-impact BC based businesses, social enterprises, social ventures, and not-for-profit organizations. We have developed alternate forms of business financing - lending and equity investments designed to drive social and environmental impact to help communities thrive.

Resilient Capital Program
The Resilient Capital Program is a unique, high-impact investment program with up to $15 million available for qualifying social enterprises like yours, to help build resilient communities. We provide equity capital and loans with flexible repayment terms ensuring Vancity can finally fill a gap between grants, which often help you get your concept off the ground and conventional debt, which helps you sustain growth.

Get in touch
We'd love to talk to you about your plans to grow local and organic. Tell us about how we can support your business or initiative:

  • localandorganic@vancity.com
  • Moira Teevan: 604.877.7620

 

Get in touch

We'd love to talk to you about your plans to grow local and organic. Tell us about how we can support your business or initiative: