WeMB — WeWork Loans
WeMB
Overview
Get a loan between $5,000 and $25,000 to cover day-to-day operations such as inventory, employee payroll and rent.
At a glance
| Categories | loan |
|---|---|
| Funding | $5,000 – $25,000 |
| Status | Accepting applications |
| Region | MB |
| Sectors | general |
Eligibility and requirements
Money Minimum: $5,000 Maximum: $25,000 Maximum loan term is 3 years No loan application fees If the loan is approved, a 1% Loan Administration Fee (plus GST) is charged based on the approved amount. The maximum fee will be $250 plus GST Interest rate Interest rate is prime plus 4% for startups or prime plus 3% for expansions Interest-only payments for the first 6 months and seasonal loan payments are available if required Loan payments are due on the 15th of each month There are no penalties to repay the loan early or make extra loan payments
How Mona Studio helps business owners use this program
WeMB — WeWork Loans is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.
Similar funding opportunities
- CDEM — Financing — Economic Development Council for Manitoba Bilingual Municipalities
- Community Enterprise Development Tax Credit Program — Government of Manitoba, Department of Agriculture
- First Peoples Economic Growth Fund — Community Economic Expansion Program — First Peoples Economic Growth Fund Inc.
- First Peoples Economic Growth Fund — Entrepreneur Loan Program — First Peoples Economic Growth Fund Inc.
- First Peoples Economic Growth Fund — Joint Venture Program — First Peoples Economic Growth Fund Inc.