OCLF arranges loans to start or expand a business. If you are looking for small business financing, we are a good place to start due to our extensive community partnerships.

Small Business Loans
  • Current maximum of $15,000
  • Interest rates on the loans are usually 6% above the current bank prime rate
  • Loan repayment terms normally range from 12 to 48 months
Fees to Borrowers

Upon approval of a new loan OCLF will charge a one-time due diligence fee of 2% of the value of the loan, up to a maximum of $250.

Credit History

OCLF considers applicants, which other lenders will not. This includes applicants who have encountered credit difficulties in the past or have not yet established a credit history. There will nevertheless be certain minimum standards. All applicants will be subject to a credit check and their eligibility assessed by OCLF and its lending partners on a case-by-case basis.