Top EDC & CDC lending agencies.
RANKED BY DOLLAR AMOUNT OF LOANS IN 2003
Institution $ amount of
Address Contact/Title loans in 2003
City/Postal Code # of loan # of loans in 2003
Phone/Fax officers/employees Lending programs
URL E-mail
Parry Sound Area CBDC $2.8M (approx.)
1A Church St. Bob Wood, loans manager 27 approved
Parry Sound, P2A 1Y2 1/4 Loans up to
705-746-4455/746-4435 info@cbdc.parrysound.on.ca $125,000, pool funds
www.cbdc.parrysound. to larger amounts
on.ca term loans, lines of
credit, equity
purchases
Nickel Basin Federal Development Corp. $1,969,843
200 Brady St. Rene Quesnelle, Exec. Dir. 41
Sudbury, P3E 5K3 2/3 Financing up to
705-688-7717/673-7722 rene.quesnelle@city. $125,000,
www.nickelbasin.com greatersudbury.on.ca term loans, equity
investment,
CYBF programs
Chukuni CDC $1.4M
PO Box 250 Cathy Quesnel, manager NP
Red Lake POV 2M0 1/4 NP
807-727-3275/727-3285 chukuni@goredlake.com
www.chukuni.com
LAMBAC (Lacloche Manitoulin Business
Assistance Corp.) $1,206,115
30 Meridith St. Nancy Nelder, 27
P.O. Box 130 general manager Term, demand, equity
Gore Bay, POP 1H0 1/5 loans up to
705-282-3215/282-2989 lambac@onlink.net $125,000, business
www.lambac.org training, programs
Nishnawbe Aski Development Fund $1.2M
Box 20119, Green Harvey Yesno, president, 32 (average since
Acres CEO 1990) Loans, and
Thunder Bay, P7E 6P2 4/17 youth loans,
807-623-3223/623-5397 hyesno@nadf.org business planning
www.nadf.org for eligible
communities
Kirkland and District Community Business Corp. $1,200,000
(2002 figures)
23 Government Rd. Paula Mangotich, n/p 39 (2002 figures)
Kirkland Lake, NP Term loans, loan
P2N 3M6 guarantees
1-800-297-7347/ kdcbc@nt.net
705-567-6565
www.nt.net/kdcbc
South Temiskaming Community Futures
Development Corp. $1,105,144
467 Ferguson Ave. Linda Cote, co-ordinator (2002 figures)
P.O. Box 339 NP 20 (2002 figures)
Haileybury, POJ 1K0 CFDC loans to a
705-672-3021/672-5959 info@southtemiskaming.com maximum of
www.southtemiskaming. $125,000
com
Muskoka CFDC $1,050,000
111 Manitoba St. Mac Stoodley, business 34
Bracebridge, P1L 2B6 consultant Financial assistance
705-646-9511/646-9522 2/7 up to $125,000, or
www.muskokacfdc.ca stoodley@muskokacfdc.ca possibly $500,000,
free counselling
North Claybelt Community Futures Development Corp. $1M+
6 Ash St. Denis Berube, manager 20+
Kapuskasing, P5N 2C8 2/8 Lending up to
705-337-1407/337-6285 northclaybelt@ntl. $125,000,
www.northclaybelt.com sympatico.ca CYBF program
Superior East CDC $980,486
14 Ganley St. P.O. Dan Friyia, manager 15
Box 709 2/5 Northern ventures
Wawa, P0S 1K0 initiative for
705-856-1105 X-21/ friyia@onlink.net youth, women,
856-1107 Aboriginals, for up
www.superioreast. to $5,000, loans up
bn.ca to $125,000
The Venture Centre NP
38 Pine St. N. Suite Ellen Sinclair, executive NP
134 director Loans up to
Timmins, P4N 6K6 2/4 $125,000, access to
705-360-5800/360-5656 admin@venturecentre.on.ca capital pool up to
www.venturecentre. $500,000, CYBF
on.ca programs
Community Dev. Corp. of Sault Ste. Marie $865,000
672 Queen St. East Brian Irwin, executive 15
Sault Ste. Marie, director Loans, equity
P6A 2A4 1/11 investments from
705-942-9000/942-0274 cdc@on.aibn.com $1,000 to $125,000,
www.ssmcdc.com loan guarantees
East Algoma CFDC $750,00
PO Box 198 Shawn Heard, general NP
Blind River, POR 1B0 manager Lender of last
1/5 resort, access to
705-356-1152/356-1711 info@eastalgomacfdc.ca capital up to
www.eastalgomacfdc.ca $125,000
Atikokan EDC $600,000
P.O. Box 218 Garry McKinnon, executive 23
Atikokan, POT 1C0 director Community Futures
2/9 Development
807-597-2757/597-2726 aedc@nwon.com Corporation lending
www.atikokaninfo.com facilities
Patricia Area Community Endeavors Inc. $600,000 (approx.)
Box 668 Brian Miles, general 10
Dryden, P8N 2Z3 manager Term loans, equity
1/5 participation, loan
807-221-3293-221/3294 pace@dryden.net guarantees
www.pace-cf.on.ca
Rainy River Future Development Corporation NP
608 Scott St. Angela Halvorsen, Bus. NP
Fort Frances, P9A 4H6 investment officer Loans, loan
1/5 guarantees and
807-274-3276/274-6989 angela@rrfdc.on.ca equity investments
www.rrfdc.on.ca up to $125,000
Superior North CFDC NP
P.O. 716, 7 Mill Rd. Don McKay, general manager NP
Terrace Bay, POT 2W0 2/7 HRDC self-employment
807-825-4505/825-9664 info@sncfdc.com benefits program,
www.sncfdc.com loans up to
$125,000, junior
achievement programs
Greenstone EDC NP
1409 Main St. Box Bryon Cassie, Investment 23 (2002 figures)
1018 Fund Officer Loans up to $125,000
Geraldton, POT 1M0 NP
807-854-2273/854-2474 NP
n/a
Temiskaming Development Fund NP
Box 869, 467 Lome Hillcoat. Bus. Dev. NP
Ferguson Ave. Tourism Co. Term loans to
Haileybury, POJ 1K0 NP industrial and
705-672-2444/672-5959 temfund@nt.net tourism related
www.nt.net/~temfund businesses
The Business Centre-Nipissing Parry Sound NP
200 Mclntyre St. East Erin Richmond, manager NP
North Bay, P1B 8H8 NP Administer
705-474-0400/474-4493 erin. Provincial Summer
www. richmond@cityofnorthbay.ca Co. (award up to
thebusinesscentre- $3,000) and My Co.
nps.com (loan up to $15,000)
Corp. of City of North Bay $209,600
Box 360, 200 McIntyre John Fior, senior planner 8
St. E NP Redevelopment loan
North Bay, P1B 8H8 johnfior@cityofnorthbay.ca fund max. $50,000
705-474-0626/474-5928 interest free
www.cityofnorthbay.ca
n/p-not provided n/a-not available
Northern Ontario Business makes every attempt to get accurate and
up-to-date information. We cannot guarantee accuracy since we depend on
representatives from the listed companies for the information.
Some respondents did not provide sufficient information. For additions,
contact Kelly Louiseize in the editorial department at 1-800-757-2766
ext. 381 or by e-mail at kellyl@nob.on.ca.
Visit www.northernontariobusiness.com and click on the Northern Numbers section to view more top lists for Northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing. Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it . |
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