The Foreign Credential Recognition (FCR) Loan Project was established as a bridging tool for Internationally-Trained Professionals (ITPs) undergoing the accreditation process. Our project’s mandate is not only to provide financial assistance but also to offer guidance, labour market resources and to be an encouragement to ITPs. Each step of an accreditation process varies for each profession. The FCR team will work with you to create an accreditation plan that is realistic and goal-oriented. Let us help you connect to your professional path in Canada.
For people who need a Loan, here are the steps:
FCR Loan Project
On average, a loan application is approved in 2 to 3 weeks, subject to all required documentation is received on time.
Services and Benefits
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Free navigation and Guidance
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Loans ranging from $1,000 to $15,000
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Repayment terms from one year to four years
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New Reduced Loan Interest Rate: Prime + 0.5%
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Options to save interest by making payments more frequently
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Flexible monthly payment schedule
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No hidden fees