Assiniboine Credit Union (ACU) Canada Small Business Financing Loan
$ 1,150,000.00
Loan
Description:
This government program is to help start-ups, existing businesses, and not-for-profit businesses to acquire the necessary financing to purchase equipment, leaseholds improvements, intangible assets, working capital costs, and property.
Comments on Funding:
The maximum loan amount a borrower can access under this program is $1.15 million, which includes a maximum of $1 million for term loans and $150,000 for lines of credit. No more than $500,000 of that can be used to finance equipment purchases or improvements, or purchase leasehold improvements.
Rolling deadline
Eligibility:
Applicants must be start-ups, existing businesses, and not-for-profit businesses. Farming businesses are not eligible.
Application Steps:
Call ACU at 204.958.8588 / 1.877.958.8588 or book an appointment with one of ACU’s financial advisors.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
About the author
Maurice