Eligible applicants may apply for up to $150,000 for a term of up to five years from the Forest Renewal Loan Fund. In order to be considered for funding applicants must demonstrate commercial viability. The business must be located in a forest dependent community in BC. The business must maintain or increase the number of forest sector jobs in a community. The business must also earn at least 75% of its total futures annual revenues from the forest sector.
Applicants may not apply for financing to purchase land, repay existing loans, to pay for investments by the business or to refinance existing debt.