Rise Asset Development is a registered Charity that provides low interest small business loans, free training and mentorship to men and women with a history of mental health and addiction challenges.
Rise lends money to the following programs:Small Business, Events, Youth Small Business and a Peer Supported Lending Program.
They work across Ontario and work with people who have an interest in self employment and that they can self identify as having experience mental health and/or addiction challenges. The Business Advisory Centre Durham continues to work with their clients that they have referred to Rise for financing to help them create a successful business.
The loan term of financing varies for each client, depends on the needs of your business however, the maximum term is generally 5 years. There are no application fees and the interest rate is Prime + 2.5%.
Connect with Rise at www.riseassetdevelopment.com
If you do not have a history of mental health and/or addiction challenges you can access other funding through:
Alterna Savings and