History

Our History

The Indian Business Corporation (IBC) was established in 1987 with the goal of providing financing opportunities for First Nations peoples.

IBC Today

The mandate of IBC is to provide individual First Nations farmers, ranchers and businesses with access to capital. It is the view of the Board that the need for a development loan fund that First Nations individuals can access is still very necessary. The original target, First Nations ranchers and farmers, has been expanded in order to include businesses as well.

Potential for diversification exists in operations related to cow/calf, such as feed production and cattle feeding. IBC is a leader for agricultural farming equipment, such as large trucks and backhoes. IBC will consider applications for any commercial enterprise.

Other sources of lending activity include consumer lending and loans for commercial purposes.