FOR IMMEDIATE RELEASE
South Lake Futures Launches Two New Micro-Loan Programs to Support Small Businesses in East Gwillimbury, Georgina, and Brock
KESWICK, ON — June 22, 2026 — South Lake Futures has officially launched two new targeted financing initiatives designed to drive economic growth and modernization across the region. The Community Capacity Fund (CCF) and the Equipment Upgrade Fund (EquipUp) provide accessible, flexible financing solutions to help small businesses and social enterprises invest in their long-term development.
Both programs offer streamlined lending with no application fees, a 6-year amortization structure (2-year term), and require two project quotes alongside a personal guarantee and promissory note. By lowering traditional barriers to capital, South Lake Futures aims to strengthen local business corridors and enhance operational capacity.
"Small businesses are the core of our communities, and these micro-loan programs are built to remove financial barriers so they can move forward with confidence," said Elsa Mateus, General Manager at South Lake Futures. "Whether it is refreshing a downtown storefront or upgrading essential machinery, we are providing the localized capital and support our entrepreneurs need to thrive."
The Two New Micro-Loan Funds
1. Community Capacity Fund (CCF) – Downtown Revitalization
- Focus: Enhancing downtown cores through façade improvements, updated signage, accessibility upgrades, and interior renovations.
- Funding Range: Loans from $1,000 to $20,000.
- Interest Rate: Prime + 2%.
- Key Requirement: Projects must fully align with all local municipal by-laws and required permits.
2. Equipment Upgrade Fund (EquipUp)
- Focus: Modernizing operations by financing tech/POS systems, commercial kitchen gear, solar/HVAC systems, machinery, and fleet vehicles like vans or trucks.
- Funding Range: Loans from $1,000 to $25,000.
- Interest Rates: Prime + 2% for equipment with a serial number, or Prime + 3% for equipment without.
- Key Requirement: Applicants must have a minimum credit score of 600.
Applications for both funds are now officially open. Local business owners, operators, and community partners can access full program guides and start the application process by visiting the official program page at southlakefutures.ca.
About South Lake Futures
South Lake Futures is a Community Futures Development Corporation (CFDC) dedicated to supporting community economic development and small business growth. Through flexible financing solutions, strategic business counseling, and community partnerships, South Lake Futures helps local entrepreneurs in East Gwillimbury, Georgina, and Brock turn their business visions into reality.
Media Contact
Elsa Mateus
General Manager
South Lake Futures
(905) 476-1244
emateus@southlakefutures.ca
southlakefutures.ca