ABSCAN offers a savings product that generates investment income.
The savings collected are invested in projects that promote the economic development of First Nations communities and their members.
* Learn more from a housing loan advisor and verify your eligibility!
Established according to the nature of the project and its associated risk. Rates are competitive when compared to traditional Canadian bank rates.
ABSCAN is here to accompany you through the different steps necessary to complete your project thanks to individualized solutions adapted to the needs, goals, and priorities of your Nation. ABSCAN is here to make your dream a reality!
Our “loan and tools for change” approach aims to expand the range of housing options available. With this approach, the community and its members take the initiative and share responsibility for decisions and financing, based on their own priorities, needs, and means.
First Nations should have access to financing for themselves and their members based on their borrowing capacity and the value of their assets, without the need for the ministerial or Band Council guarantees traditional banks demand.
ABSCAN is a sister company of Native Commercial Credit Corporation (SOCCA). It is therefore possible to obtain support and coaching services from SOCCA that are not related to housing.
SOCCA is a non-profit corporation that has been well established within the First Nations of Quebec since 1992. SOCCA offers financing products and services in the form of non-repayable contributions, loans and coaching for the start-up, acquisition or expansion of Aboriginal businesses.