CEBA Loans

Canada Emergency Business Account (CEBA)

Casera Credit Union (Casera) is supporting our small business members that are impacted as a result of COVID-19 by providing access to Canada Emergency Business Account (CEBA) funds in cooperation with the Federal Government and Export Development Canada.

The CEBA provides a $40,000 loan for eligible small businesses and not-for-profit members. This federal program is designed to help cover operating costs for organizations experiencing temporary revenue reductions.

CEBA requirements and deadlines have changed:

  • As of October 26, 2020, eligible Canadian businesses that currently operating through a personal bank account will be able to apply for CEBA.
  • All applicants now have until December 31, 2020, to apply for CEBA.
  • *COMING SOON* CEBA support is being expanded from $40K to $60K. This expansion will be available to all eligible previous and new CEBA applicants. Stay tuned to the CEBA website for more details, including launch details in the coming weeks.

If you have already applied for CEBA and have questions, please contact the CEBA Call Centre at 1-888-324-4201. An agent will return your call within 3 business days between Monday and Friday from 10:00 am to 9:00 pm EST

Learn about the eligibility requirements for CEBA:  click here
Government of Canada CEBA website: click here

To apply for a CEBA loan, please follow these steps:

Step 1: 

Complete the Government Of Canada CEBA pre-screen tool and instructions: click here 

Step 2: 

 

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