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IndigenousLoanOpen
Tale'awtxw Aboriginal Capital Corporation
TACC First Citizens Fund (FCF) Loan
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1–2 days
Can you get this?
✓For Aboriginal entrepreneurs in Coast Salish Territory
✓Business must be 51%+ Aboriginal owned/operated
✓15% minimum cash equity contribution required
✓FCF loan max $75,000 with 40% forgiveness
✓Conventional loan available up to $3,000,000
Your real odds
No public approval rate data exists, but TACC is a specialized lender with a defined mandate to serve Aboriginal entrepreneurs in its region, so the pool is narrower than a mainstream program.
TACC explicitly acknowledges that accessing financing is difficult and positions its review process as supportive of applicants' needs, which suggests a different standard than a conventional lender applies. Direct contact before you apply is the most reliable way to gauge your fit.
What it takes
Confirm eligibility: Aboriginal identity, Coast Salish Territory residency, 51% Aboriginal ownership, and 15% cash equity ready1–2 days
Prepare a business plan and financial documents (TACC offers business planning support if needed)1–2 weeks
Submit application via TACC's Apply Now portal or contact them directly at 604-926-56261–2 days
Worth knowing
Up to 40% of your principal is forgiven over the loan term, applied as four separate 10% deductions, which meaningfully reduces the true cost compared to conventional financing and is the detail most applicants underweight when comparing options.
What else do you qualify for?
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