• Non-profit Sports and Recreation Organizations

    Since 2011, IO has partnered with Non-Profit Sports and Recreation Organizations to help provide access to affordable financing for capital investments.

    Eligibility 

    Organizations must be, or be a member of, a sport organization recognized by the Ministry of Tourism, Culture and Sport (MTCS). A list of MTCS recognized organizations is provided in the program guidelines.

    Eligible organizations also include non-profit organizations that provide a recreation facility such as: swimming pools, arenas, sport specific courts, sports fields, parks, or multi-purpose facilities. For more information on eligibility requirements, please see the program guidelines.

    Eligible Projects

    IO loans can be used for investment, construction or renovation of any owned capital asset, including:

    • Facility expansion, renovation and retrofits or acquisition
    • Accessibility improvements 

    Rates and Terms

    IO’s lending rates provide equitable access to affordable financing for all clients. To view today’s lending rates, click here. Clients may select repayment terms of 5 to 25 years; but in any event, the repayment period must not exceed the expected life of the capital asset. 

    For more Information

    Contact your regional account manager, please click here.