financial resources

Tale’awtxw Aboriginal Capital Corporation

Our Business Services Officers are here to help.  If you would like assistance in reviewing your business plan, access to resources, or to discuss your financing options, contact us today.  Below is a list of all the financial resources we provide.

TACC First Citizens Fund Loan Terms:

  • Borrow up to $75,000 (OAC)
  • 1.5% borrower’s fee
  • Flexible amortization
  • 12% fixed rate of interest
  • 15% minimum cash equity contribution required
  • A forgiveness of 40% of the principle amount borrowed

TACC Conventional Loan Terms:

  • Borrow up to $250,000 (OAC)
  • Flexible amortization
  • Interest rates starting at 8%
  • 15% minimum cash equity contribution

Business Equity Program Terms:

  • Funding up to $99,999
  • Must be combined with commercial financing
  • 15% minimum cash equity contribution
  • Non repayable

Entrepreneur Equity-Matching Initiative:

  • Must reside within the traditional Coast Salish territory
  • BC First Nation entrepreneurs and First Nation Community businesses are eligible
  • Up to a maximum of $5,000
  • The entrepreneur equity must be cash equity
  • Conditional on TACC approving a term loan