Company Information

Get to know NECO Community Futures Development Corporation

NECO Community Futures Development Corporation is a community-based, not-for-profit organization funded by the Government of Canada through FedNor. Governed by a board of local volunteers, its primary mission is to stimulate economic growth and help create and maintain jobs within its service area. NECO achieves this by offering a range of services tailored to entrepreneurs and small businesses, including access to capital through business loans, free business counseling and planning assistance, and support for community-based economic development projects.

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Financial Other Service

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NECO Community Futures Development Corporation

Canada

Founded in

1987 (39 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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ASIC

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Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.