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Small Business  Agriculture

How to Use the Linked Deposit Loan (LiDL) Subsidy

These are the steps to follow if you are a business owner or potential business owner seeking financing:

1. Make an appointment with a lender
• Complete the Linked Deposit Loan (LiDL) Subsidy application jointly with your lender.
  
  
2. Additional documentation your lender will need to complete the application package:
• resumes of all owners and other key management personnel; and
• project documentation; i.e., Offer-to-Purchase, bids or cost estimates, business purchase agreement.
  
  
3. Have your lender send the application package to WHEDA for review.
• You can expect to receive a decision within one (1) business day of the day we receive your complete LiDL application package.
  
  
4. Close your loan.