Business Improvement Loans (BIL)

If your business is needing a little boost, the business improvement loan program just might be what you're looking for. Community Futures provides a variety of customized, affordable loan options for small business owners and entrepreneurs in rural Alberta.

Businesses and building owners within the downtown commercial district boundaries are eligible for an interest-free loan, up to $15,000. This program is being made to local businesses in order to improve their appearance. and/or function of their business, with interest paid for by the Heart of Our City (HOC). An attractive business front means a lot to customers. Fresh paint, great window dressing, and new landscaping can help improve your business. 

Eligible improvements include:

  • Restoration of exterior finishes and repainting,
  • Repair or replacement of storefront windows and doors,
  • Exterior lighting of building and signage,
  • Installation and design of awnings and signs,
  • New storefront window openings and doorways,
  • New architectural details such as entryway features and cornices,
  • and many more.

To get more information on the Business Improvement Loans for the City of Lethbridge BRZ and for details to apply, click here.