The Long Lake REDA administers 3 Small Business Loan associations totaling $600,000 of lending potential. The Small Business Loans Association Program encourages diversification of the Saskatchewan economy and supports community economic development by making funding available, through community-run organizations, to non-traditional entrepreneurs.

The Small Business Loan association often lends to non-traditional entrepreneurs and as established business owners. Under the Industrial Development act lending is not eligible to direct farming, exploration (mining, oil extraction), charitable organizations and residential real estate. Currently the interest rate on all loans is 6%, and each entrepreneur is eligible up to $15,000. A recent change to the program has allowed young entrepreneurs under the age of 30

to have access of up to $30,000.

For more information please visit www.longlakereda.com/business.htm or call 946-3011 for an application form.

Watrous and Manitou Beach are both experiencing a population growth and growing tourist traffic. In order to beautify the shop area and to attract more customers into the stores the Manitou Small Business Loan Association and the Watrous Small Business Loan Association have introduced a limited time 0% interest free Store-Front Improvement loan. For more information please click on the Town where your business is located:

Watrous: Watrous Improvement.pdf

Manitou Beach: Manitou Beach Improvement.pdf