Business Programs & Services
Small Business Loans Association (SBLA) Program
The SBLA program has been terminated effective March 19, 2015.
A recent program review has determined that the Small Business Loans Association (SBLA) program does not align with current government direction. The Government of Saskatchewan is focused on providing broad‑based tax programs and incentives such as reducing the Small Business income tax rate to 2 per cent to provide for business development and investment opportunities.
Although the program will cease to offer new loans, current loans will continue to be managed according to the original terms of the loan agreements and may take up to five years to collect.
Program officials will work with the SBLAs to collect their loan portfolios.
Existing agreements between the Government of Saskatchewan and each SBLA will not be cancelled. New funds will not be issued; however, the balance of the agreement with SBLAs dealing with the collection and remittance of loan payments remains in effect.
Small business loans are still available from financial institutions, as well as Community Futures organizations.
For more information, please contact:
Mr. Gerry Holland