FREE Consulting Services: Apply to the Business Resurgence Program ➜
Mission: Working in Partnership for the Communities' Future.
Mandate: SEDC exists to promote sustainable economic and social development throughout the region.
Who we are:
A member of the Western Ontario Community Futures Development Corporation Association
Small and medium-sized businesses are the backbone of the Canadian economy. During this extraordinary time, the Canadian government, the province, our local municipalities and financial organizations are taking actions to help sustain the business community during this time of uncertainty caused by the pandemic.
We created a list of resources available to assist businesses, employees and families survive during this economic hardship. We are all in this together.
Download/View the Resource Package here.
Access to a Spreadsheet of the resources here.
Updated November 3rd, 2020
This position will start May 3, 2021, approximately 30 hours per week.
Essential Duties and Responsibilities include the following: Assist in in underwriting new commercial loans, completing annual reviews on existing commercial loans and assisting in meeting overall commercial targets. As a key member of the team, he/she will be instrumental in assisting the General Manager with portfolio risk management and relationship management.
Key Responsibility Areas: Support the General Manager in underwriting and cash flow analysis on new loan inquiries Conduct annual reviews on existing loans when required in association with the Account Managers. Complete monthly, quarterly and annual covenant testing and margining calculations Keep all management reports up to date e.g. pipeline report, loan arrears report, delinquency report etc. Effectively communicate with internal and external stakeholders Keep the credit, cashflow and security files up-to-date and in order Perform ad hoc requests on existing portfolio, including partial discharges, PPSA registration etc. Follow up with members in obtaining updated reporting or other inquiries as directed by the Account Managers. Provide recommendations on loan renewals, existing member refinances and annual reviews All other duties assigned.
You will possess the following Expert Skills: Well versed in the identification of risk and warning trends on Commercial Loans Capable of analyzing and interpreting financial statements including trend analysis and ratio calculations Extremely knowledgeable about small business and commercial banking products and services Unquestionable integrity and a genuine desire to help others Ability to thrive in a high volume, fast-paced environment, with the flexibility to put in the extra time necessary to maintain service levels at busy times of the year Self-motivated and self-sufficient in approach to work Strong organizational and time-management skills Strong analytical skills with attention to detail and concern for data accuracy Ability to build and maintain positive and effective relationships with others Strong oral and written communication skills, a good listener, articulate, ability to effectively present information and respond to managers, referral sources and customers Strong work ethic; ability to work to achieve desired production results Use Microsoft Office products excel, word, outlook, etc.
Qualifications: Post-secondary degree in Business Administration or other relevant experience 3 - 5 years of Commercial Lending experience 3 years commercial credit underwriting experience would be considered an asset
Closing date for applications: April 15, 2021
The Business Resurgence Program is a FREE consulting program for local small businesses. There are several consulting options available: Business Bootcamp, Business Profit Optimizer, Business Advisor, Digital Marketing Coach, or a membership with the Excellence in Manufacturing Consortium. For a more detailed description please see the Business Resurgence Program application form.
Applications can be submitted through our website or e-mailed to caly@sbdc.ca. There is no formal application deadline, but businesses are encouraged to apply as soon as possible as there are limited spots available.
Support available through Saugeen Economic Development Corporation has been fully committed, however we continue to accept applications in the case that we are able to obtain more funding. Please see the RRRF application form for loan information and eligibility requirements. Eligible organizations are encouraged to contact Jamie Doherty at 519-799-5750 X 5 to discuss other funding or liquidity relief options currently available.
Low interest loans of up to $20,000 are available to help local businesses during the COVID-19 pandemic. A total funded by Bruce County—is available through the Bruce County Emergency Business Sustainability Loan, administered by the Bruce Community Futures Development Corporation (BCFDC) and the Saugeen Economic Development Corporation (SEDC). For a more detailed description please see the Bruce County Emergency Business Sustainability Loan Application.
Download the latest issue here: 2nd Half of 2020.
Bruce and Grey Counties have launched Community and Business Resiliency Maps in response to the demand for a "One-Stop-Shop" site for local business that are open during the pandemic. You are able to promote services and any changes to your operations with a free listing on this site. The maps includes essential services that remain open at physical locations, those that have changed their operations to respond to physical distancing guidelines, and businesses that have moved entirely online. To create a listing in Grey County send an email to ecdev@grey.ca and in Bruce County send an email to info@businesstobruce.com
See Map for Grey County Here.
See Map for Bruce County Here.
515 Mill Street, P.O. Box 177, Neustadt, ON N0G 2M0
PH: 519-799-5750 | Toll-free: 1-877-335-7332
Fax: 519-799-5752
The Saugeen Economic Development Corporation (SEDC) is a private, not for profit organization whose mandate is to actively pursue and encourage the development, implementation, and maintenance of local initiatives that promote community development, job creation and the growth of small businesses.
SEDC has a position available for a Loans Administrator. This position will start May 3, 2021, approximately 30 hours per week.
This is a low-interest (2.5%) loan of up to $20,000 for Bruce County businesses, administered by the Bruce Community Futures Development Corporation and the Saugeen Economic Development Corporation.
The Business Resurgence Program is a FREE consulting program for local small businesses. There are several consulting options available: Business Bootcamp, Business Profit Optimizer, Business Advisor, Digital Marketing Coach, or a membership with the Excellence in Manufacturing Consortium. For a more detailed description please see the Business Resurgence Program application form.
Applications can be submitted through our website or e-mailed to caly@sbdc.ca. There is no formal application deadline, but businesses are encouraged to apply as soon as possible as there are limited spots available.
