When Woveo first launched, members could opt into Woveo Premium, a tier that offered enhanced visibility, administrative tools, and early access to financial features. Over time, however, we realized that these benefits were most valuable when applied not to individuals, but to whole communities and businesses working together. What began as a membership upgrade has evolved into something far more impactful—a verified and inclusive ecosystem for small-business lending, governed by community trust, transparent standards, and measurable outcomes.
Why We Moved Beyond Woveo Premium
The decision to retire Woveo Premium was deliberate and values-driven. We listened to our members, assessed usage patterns, and recognized a key truth:
Entrepreneurs and community leaders didn’t need another membership tier—they needed real capital access and trusted systems that could help them grow.
Communities didn’t just want status or perks—they wanted a sustainable financial framework to mobilize shared wealth, fund local projects, and protect members’ contributions.
By integrating the best parts of Woveo Premium (such as advanced admin features, pooled savings visibility, and member verification) into Woveo Verified Communities and Small Business Lending, we removed the paywall and replaced it with partnership. Now, every eligible business or community can access meaningful tools and financial pathways without having to subscribe to a membership level.
This shift reflects our belief that financial empowerment should not depend on upgrades—it should be built into the experience for everyone who participates responsibly.
Introducing Woveo’s Small Business Loan Program
Woveo isn’t a bank and never tries to act like one. Our model sits at the intersection of financial inclusion and community trust—empowering entrepreneurs to access credit fairly, affordably, and confidently.
What Makes Woveo’s Small-Business Financing Different
Today, Woveo’s small-business loan program is a term-financed lending product designed for entrepreneurs who are building real value in their communities. It is a natural extension of our original community-pooling model, strengthened with credit evaluation, repayment tracking, and business support features.
Loan Details
Amount: CAD $5,000 – $25,000
Term: 12 – 24 months
Type: Term-financed (fixed repayment schedule)
Decision Time: Within 24 hours of a completed application
Fees: Transparent, with no hidden or prepayment penalties
Eligibility Requirements
Business Registration: Canadian-registered SMB
Credit Score: 600 or higher
Monthly Revenue: CAD $5,000 +
Time in Business: At least 1 year
These loans help entrepreneurs bridge working-capital gaps, purchase inventory, or stabilize operations—while maintaining the same values of trust, accountability, and transparency that define Woveo’s roots.
Social Collateral:
Personal Guarantee (standard for all loans)
Accountability Partner (case-by-case, exclusive to Verified Communities, ensuring shared accountability and mentorship)
Through this evolution, Woveo is no longer about “premium membership”—it’s about shared success. We’ve taken the core principles of community banking and built them into a modern lending ecosystem that supports Canada’s next generation of small-business owners and local changemakers.