![]() Application Process
Complete your Business Loan Application ensuring that the information is
complete and accurate. Make a copy for your records and return the original to the OXFORD SMALL BUSINESS SUPPORT CENTRE INC. Your application will be retained for our records. Submit a Personal Statement of Net Worth (PSONW) form for each owner or shareholder. Complete a business plan (describing the new business, expansion, purchase or restructuring plans). Your business plan should also include a 3 year Profit and Loss forecast and Cash Flow (if applicable). Any format is acceptable as long as it clearly explains how you will succeed. Your completed Business Loan Application along with the business plan will be reviewed by the General Manager. If your proposal is determined to be eligible, it will be submitted to our loan review committee to determine whether your loan will be recommended for approval. Approved applications must receive final authorization from our Board of Directors who meet once per month, usually the second Tuesday before month end. You will be notified following the Board meeting of the decision regarding your application. FORM TEMPLATES AVAILABLE IN THE FORMS SECTION If there is any part of the application or the process that you do not understand, or if you need more information contact the OXFORD SMALL BUSINESS SUPPORT CENTRE staff. They would be pleased to provide you with any assistance you may require. INCOMPLETE APPLICATIONS CANNOT BE PROCESSED |