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DeductlyCA
ProgramsHow it worksTry it liveLearnWatchPricing
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All programs
INCENTIVEAll of Canada

Black Entrepreneurship Loan Fund (FACE)

Last verified: June 2026

Federation of African Canadian Economics (FACE) administered loan program for Black-owned and Black-led businesses across Canada. Loans from $10,000 to $250,000 with mentorship.

See if I qualifyOfficial page
Estimated value
Loans from $10,000 to $250,000
Approval likelihood
Medium
Ready to apply score
75/100
Documents needed
4

Eligibility

  • Business types:incorporated, self-employed, partnership
  • Industries:All industries
  • Provinces:All of Canada

What you'll need

  • Verification of Black ownership or leadership (51%+)
  • Business plan
  • Financial statements or projections
  • Personal credit history

How to apply

  1. 1Apply through FACE Coalition online portal
  2. 2Complete intake interview
  3. 3Receive loan offer with mentorship plan
Deadline:Rolling

Is your business a fit for Black Entrepreneurship Loan Fund (FACE)?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

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BDC Growth & Transition Capital

Up to $5,000,000

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Up to $1,000,000 in financing

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AgriStability

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A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.