How much can Nickel Basin lend?
• Commercial term loans – Our most common form of financing • Loan guarantees – For credit lines extended by traditional financial institutions • Equity financing – Nickel Basin injects capital in return for preferred shares of the company. This form of financing is only considered in very specific circumstances, and is rarely used for start-ups One, or a combination of several of these instruments, is accessible to the collective maximum amount stated above. These loans are repayable on agreed terms and are not grants. Like all other lenders, collateral security and financial information is required. In addition to our own financing instruments, Nickel Basin currently administers a loan program for the Canadian Youth Business Foundation. The purpose of the program is to provide financing for entrepreneurs between the ages of 18 and 34 who wish to start or acquire their own business. Additional details are available at www.cybf.ca. Are your rates higher than banks? Our interest rates a
