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TEMFUND

WHAT WE DO

OUR LOAN 

PROGRAMS.

Temfund isn't just a legacy fund; it's a catalyst for growth and progress throughout the Temiskaming Region and Temagami Area. Our commitment at Temiskaming Development Fund Corporation (Temfund) is to empower businesses and organizations across various sectors, spanning from Temagami to Kirkland Lake. We're dedicated to bolstering Northern Ontario businesses by providing access to vital funding, thereby igniting positive change within our communities and driving economic advancement in our region.

Business Expansion Loan

TEMFUND’s Business Expansion Loan offers up to $500,000 in term-debt financing to help businesses grow and scale their operations. With a 10-year amortization, this loan is designed to assist businesses in acquiring equipment or assets that boost productivity, improve competitiveness, create jobs, or increase market share.

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Low Interest Loan

TEMFUND’s Low Interest Loan program offers fast and flexible funding to complement two existing grant programs in our community: Enterprise Temiskaming’s “Starting Company Plus” grant and Municipal Community Improvement Programs (CIP) for façade improvements.

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Micro-Loan

Our Micro-Loan program is specifically tailored to meet the needs of small businesspersons and entrepreneurs who require quick and straightforward financing solutions.

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Business Start-Up Loan

Our Business Start-Up Loan program, providing eligible clients with up to $500,000 in term-debt financing or equity investment to kickstart their entrepreneurial journey.

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SUPPORTING TEMISKAMING REGION AND TEMAGAMI AREA BUSINESSES.

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