Chamber of Commerce Member

CBDC Long Range services the region of south-western Newfoundland which corresponds closely with economic zone 9. It is a region of roughly 14,000 square kilometres encompassing five district geographic areas: Stephenville and surrounding area; Port au Port area; Barachois area; Penguin area; and Bay St. George South area.

Typically, Our Services are targeted to entrepreneurs who require customized financing not normally available from traditional sources.

As CBDCs, we assist in the creation of small businesses and in the expansion and modernization of existing businesses by providing financial and technical services to entrepreneurs.

• Financial assistance is available in the form of loans, loan guarantees and equity financing to existing and aspiring entrepreneurs.
• Business counseling, help & advice is available to small businesses. We help businesses to succeed and therefore we give high priority to the advisory role of our mandate.
• Entrepreneurship development and training to individuals and small business owners/managers is available in many of our offices.
• Technical assistance usually takes the form of guidance and coaching, and sometimes advocating on behalf of our clients to other lending establishments or regulatory agencies

We are a not-for-profit community-based organization run by volunteers from the local business community who firmly believe in improving the economic viability of their communities.