Programs & Resources

Alterna is guided by our commitment to support the well-being of our members, employees and communities.

We promote community economic development through programs that serve both individuals, such as our Microfinance program, and our work that supports the financial resilience of the non-profit sector.

Here are some programs your organization may be eligible for:

Microfinance Program

Our Microfinance program works to address socio-economic inequity by creating opportunities for financial independence and reducing barriers to banking for those often excluded from financing.

Program Details

  • Up to $25,000 for entrepreneurs
  • A built-in micro-savings component to bolster resilience
  • Focus segments include:
    • Low-income earners
    • Professional development
    • Skilled professionals and trades
    • Social entrepreneurs and enterprise
    • Women entrepreneurs
    • Black entrepreneurs

Additional Support

  • One-on-one consultation
  • Financial education
  • Credit Building
  • Workshops and tools
  • Wrap around support

Our Focus Segments Include:

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Joint Loan Program with BDC

Black entrepreneurs, social entrepreneurs, and women entrepreneurs who have received up to $25,000 in funding through Alterna's Community Microfinance program will have the opportunity to do double this amount through this new program with BDC, for a potential total of $50,000. 

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Resources to help get you started

Contact us to request a copy of our Cash Flow Statements and Business Planning Steps.

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Black Entrepreneur Loan Fund (BELF)

The Black Entrepreneurship Loan Fund, a component of the Black Entrepreneurship Program, is a partnership between the Government of Canada, Black-led business organizations, and several financial institutions.

Programs & Grants

Additional Resources

  • Payment Solutions to Grow Your Small Business
  • Business Solutions That Keep You on Track
  • Industry Software To Ease Operations

  • Support for businesses
  • Operating safely
  • Start or grow your business

Your financial well-being comes first

Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.
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