{"id":84710,"date":"2024-08-23T13:23:29","date_gmt":"2024-08-23T17:23:29","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=84710"},"modified":"2024-08-23T13:23:29","modified_gmt":"2024-08-23T17:23:29","slug":"business-lender-allows-more-flexibility-more-risk","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2024\/08\/23\/business-lender-allows-more-flexibility-more-risk\/","title":{"rendered":"Business lender allows more flexibility, more risk"},"content":{"rendered":"

By Sandi Krasowski, Local Journalism Initiative Reporter\u00a0 Obtaining loans \u2014 for some entrepreneurs \u2014 can be the best way to start businesses, and there are many options for them to finance the lending. Thunder Bay Ventures, which is a community futures development corporation, offers several different loan programs that provide loans of up to $600,000. Maria Vidotto, a manager at Thunder Bay Ventures, said they are an “alternative or a partner” to a traditional bank. “We differ from traditional lenders as we can offer payment flexibility without penalties and can also take on more risk,” she said. “Our loan approvals are made by a group of dedicated local investment committee members, formed by our board of directors, who understand the needs of the entrepreneur and our community.” Thunder Bay Ventures… <\/p>\n

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By Sandi Krasowski, Local Journalism Initiative Reporter\u00a0 Obtaining loans \u2014 for some entrepreneurs \u2014 can be the best way to start businesses, and there are many options for them to finance the lending. Thunder Bay Ventures, which is a community futures development corporation, offers several different loan programs that provide loans of up to $600,000. Maria Vidotto, a manager at Thunder Bay Ventures, said they are an “alternative or a partner” to a traditional bank. “We differ from traditional lenders as we can offer payment flexibility without penalties and can also take on more risk,” she said. “Our loan approvals are made by a group of dedicated local investment committee members, formed by our board of directors, who understand the needs of the entrepreneur and our community.” Thunder Bay Ventures... <\/p>\n

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Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-84710","post","type-post","status-publish","format-standard","hentry","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"\nBusiness lender allows more flexibility, more risk - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2024\/08\/23\/business-lender-allows-more-flexibility-more-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business lender allows more flexibility, more risk - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"By Sandi Krasowski, Local Journalism Initiative Reporter\u00a0 Obtaining loans \u2014 for some entrepreneurs \u2014 can be the best way to start businesses, and there are many options for them to finance the lending. Thunder Bay Ventures, which is a community futures development corporation, offers several different loan programs that provide loans of up to $600,000. Maria Vidotto, a manager at Thunder Bay Ventures, said they are an “alternative or a partner” to a traditional bank. “We differ from traditional lenders as we can offer payment flexibility without penalties and can also take on more risk,” she said. “Our loan approvals are made by a group of dedicated local investment committee members, formed by our board of directors, who understand the needs of the entrepreneur and our community.” Thunder Bay Ventures\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theturtleislandnews.com\/index.php\/2024\/08\/23\/business-lender-allows-more-flexibility-more-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"The Turtle Island News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TurtleIslandNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-23T17:23:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theturtleislandnews.com\/wp-content\/uploads\/2016\/01\/facebooklogo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lynda Powless\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lynda Powless\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/08\\\/23\\\/business-lender-allows-more-flexibility-more-risk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/08\\\/23\\\/business-lender-allows-more-flexibility-more-risk\\\/\"},\"author\":{\"name\":\"Lynda Powless\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#\\\/schema\\\/person\\\/7b188fd7503577895ef8b306988cd458\"},\"headline\":\"Business lender allows more flexibility, more risk\",\"datePublished\":\"2024-08-23T17:23:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/08\\\/23\\\/business-lender-allows-more-flexibility-more-risk\\\/\"},\"wordCount\":473,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#organization\"},\"articleSection\":[\"National News\",\"ticker\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/08\\\/23\\\/business-lender-allows-more-flexibility-more-risk\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/08\\\/23\\\/business-lender-allows-more-flexibility-more-risk\\\/\",\"url\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/08\\\/23\\\/business-lender-allows-more-flexibility-more-risk\\\/\",\"name\":\"Business lender allows more flexibility, more risk - 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