March 13, 2019

Impact Loan (Goodwill Industries)

Impact Loan Logo with black lettering for impact and green and white lettering for loan.

If you are starting or expanding your business and you are unable to obtain traditional bank financing, you may be eligible for a loan of up to $5,000 through Impact Loan. Those who meet the eligibility criteria will be guided through a process for developing a business plan, as well as being offered other supports such as mentoring and networking.

To be eligible, you need to:

  • Reside in London/Middlesex or St. Thomas/Elgin
  • Demonstrate a lack of access to traditional financing. For example: low-income, social assistance, lack of credit history, etc.
  • Complete the application form
  • Submit a business plan
  • Other conditions will apply.