Venture Niagara Increases Express Loan Limit to $35,000

Thorold, ON – Venture Niagara Community Futures Development Corporation is pleased to announce that the amount available through its popular Express Loan program has increased from $20,000 to $35,000.

The Express Loan is available as a term loan or operating line and is designed to provide fast, flexible financing for businesses and entrepreneurs in the Niagara region. By raising the limit, Venture Niagara is ensuring that local businesses have greater access to the capital they need to growand succeed.

“Our Express Loan has always been one of our most popular products because it offers quick turnaround and straightforward access to financing,” said Frank Rupcic, General Manager of Venture Niagara. “By increasing the maximum loan amount from $20,000 to $35,000, we’re responding to the needs of Niagara’s small business community and reinforcing our commitment to supporting local economic development.”

“We offer flexible financing at rates that will help local businesses, start-up or expand their operations. The Express Loan is one of our loan products.  We can provide qualified businesses with financing up to $250,000,” states Loans Officer, Volker Loetfering.

For more information about the Express Loan and other financing offered by Venture Niagara, visit www.ventureniagara.com or call 905.680.8085.