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Check local availabilityLoanLast verified July 2, 2026

SOCCA — Term loan for Indigenous businesses

Grow your Indigenous business in Quebec with a term loan for buildings, land, or equipment. You must provide a minimum 10% down payment and prove you can repay the loan. Verified against the official source on July 2, 2026.

How we verify funding records →

Official program source ↗Check your fitAsk BBN to review your project

At a glance

Maximum supportLoan amount determined by borrower's repayment capacity. Down payment required: Minimum 10% of total project cost (transfer of assets may be considered). Financing caps by asset type: Building and land up to 70%; Equipment up to 70%; Inventory up to 50%; Working capital 0%. Interest rate is competitive and comparable with traditional financial institutions, based on project risk. Duration is based on the lifespan of the asset.
Issued byNative Commercial Credit Corporation
Administered bySOCCA (Native Commercial Credit Corporation / Société de crédit commercial autochtone)
RegionQuebec

Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.

Not sure if you qualify?

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Check your fit →

Is this for you?

  • You are a member of an eligible First Nation or the Native Alliance of Quebec.
  • You need funding for tangible assets like a building, land, or business equipment.
  • You can demonstrate the ability to repay the loan and provide sufficient guarantees.

Probably not the right fit if

  • You are not a member of the specified Indigenous groups or the Native Alliance of Quebec.
  • You need funding for working capital, as this program offers 0% financing for that purpose.
  • You cannot provide a minimum 10% down payment or lack the collateral to secure the loan.

How much you'd realistically get

The loan amount is determined by your repayment capacity and asset type, with caps of 70% for buildings/equipment and 50% for inventory.

What may be supported

  • Purchasing or constructing a building or land.
  • Buying business equipment.
  • Purchasing inventory.

What's excluded or restricted

  • Working capital (0% financing available)

How applying works

Effort: moderateYou must prepare a financing application and gather documentation to prove eligibility and repayment capacity.

  1. 01Verify your membership in an eligible First Nation or the Native Alliance of Quebec.
  2. 02Review the required documents on the SOCCA documentation page.
  3. 03Prepare your financing application including proof of repayment capacity and guarantees.
  4. 04Submit your application via the contact methods provided by SOCCA.

Who to ask: Phone: 1 800 241-0972 or 418 842-0972; Email: administration@socca.qc.ca; Address: 2936, rue de la Faune, bur. 200, Wendake (Québec) G0A 4V0

Documents commonly required

  • Proof of membership in an eligible First Nation or the Native Alliance of Quebec.
  • Documentation of sufficient guarantees to cover the loan amount.
  • Financial statements or records demonstrating repayment capacity.
  • Details of the project cost and asset type.

How BBN Labs helps

  • BBN puts the financing to work on modern POS hardware, streamlining sales and tracking stock for your funded equipment purchase.
  • BBN coordinates qualified partners for your funded building or equipment project, managing the work so it is done right.
  • BBN builds your website and designs storefront branding as complementary projects alongside your loan-funded building and equipment, adding digital presence to your new location.
  • BBN guides you through the SOCCA application and deadlines, helping you manage the process so you don't lose the funding.

What to know before you count on it

  • You must provide a minimum 10% down payment of the total project cost.
  • Working capital is excluded from financing (0% available).
  • Interest rates are competitive but based on project risk, so confirm the exact rate on the official page.
  • You must have sufficient guarantees to reasonably cover the borrowed amount.

What are your odds?

Approval depends on your repayment capacity and the strength of your guarantees.

Frequently asked questions

Can I use this loan for working capital?

No, the program offers 0% financing for working capital.

What is the maximum loan amount?

The amount is determined by your repayment capacity and asset type, with caps of 70% for buildings/equipment and 50% for inventory.

Is there an application fee?

Confirm on the official page.

Who administers this program?

SOCCA (Native Commercial Credit Corporation / Société de crédit commercial autochtone).

What you can combine it with

SOCCA also offers a Non-Refundable Contribution and Microcredit programs that may complement this loan.

Get alerted when this changes

Programs open and close, budgets run out, rules change. We send one short email when something changes that matters for this program.

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Record last updated July 3, 2026; last verified July 2, 2026 against the official source. Source: official program page.