“Trenval has collectively supported and financed 927 small business loans which total $40.4 million that was supported by $53.6 million in leveraged funding that created or maintained 4,626 jobs within our catchment area.”
“We work with businesses on strategic planning, financial projections, problem solving, just to name a few. Sometimes we simply just play the role of the level-headed non-biased sounding board.”
“I think that we will all agree that our economy will be really, really strong but we need Trenval to continue to provide those important functions and important investments going forward.”
Trenval and the Small Business Centre assisted 526 businesses in the last year, providing $3,921,888 in loans, and $1,007,252 in grants through various programs which leveraged an additional $8,214,242. 518 jobs were impacted in the Bay of Quinte area through loans, grants and advisory services with the two organizations. Since inception, the volunteer board of directors has governed the organization that serves the City of Belleville, City of Quinte West, Town of Deseronto, Tyendinaga Township, Tyendinaga Mohawks of the Bay of Quinte and Township of Stirling-Rawdon. The federally-funded organization has invested over $40.4 million with 927 loans since 1987. Trenval is also the managing partner of the Small Business Centre, which is provincially funded, on behalf of the City of Belleville.