AIBetaKitabout 1 hour ago
Woveo and BDC Launch $10M Microlending Program
2 min read
Woveo partners with BDC to launch a $10-million microlending program offering loans up to $25,000 to Canadian SMBs outside Québec, aiming to expand to Québec by 2027. The initiative supports entrepreneurs and newcomers using AI and alternative data to assess credit, with eligibility requiring $5,000 monthly revenue, over 12 months in operation, and a minimum credit score of 600. Woveo aims to finance 50,000 SMBs by 2030.
Level
Hype check
Tap to vote and see what everyone thinks.
