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Payday loan providers on Cape Breton Island

The NS model

The Nova Scotia model cited by Leblanc could be the Credit Union business Loan Guarantee Program. Since the government explained in a 2016 pr release in regards to the system:

Credit unions administer this system and supply loans to smaller businesses and social enterprises, ensuring financing choices are created in the community. federal Government lovers using the Nova Scotia Co-operative Council to produce the guarantee and administration of this profile.

Participating credit unions right right here in Cape Breton consist of those who work in Sydney, Glace Bay, Sydney Mines, Dominion, Isle Madame and ChГ©ticamp plus the East Coast Credit Union that has branches in Baddeck, Inverness, LвЂ™Ardoise, Mabou, Margaree, Port Hawkesbury, Port Hood and St. Continue reading “Payday loan providers on Cape Breton Island”