CAE Memphréamgog Financement Nouveau Départ Après 40 Ans (New Start Financing After 40 Years)
$30,000.00
In-Kind Support, Loan
Description:
The Memphrémagog Business Assistance Center Inc. offers fresh start financing after age 40, which consists of financial assistance in the form of a personal loan and/or business loan, combined with personalized support from one of its advisors. .
Comments on Funding:
Funding is a loan ranging from $10,000 to $30,000:
– A possible interest moratorium for the first twelve (12) months;
– A capital moratorium for the first twelve (12) months;
– A target amortization period of six (6) years, with no payment in the first year, if the interest moratorium option is chosen;
– Without guarantee other than a personal guarantee.
Continuous Intake
Eligibility:
Applicants must:
1. be entrepreneurs;
2. be aged 40 and over;
3. be aged 40 or over;
4. have their business located in the territory of the MRC Memphrémagog;
5. be the majority owner or a majority shareholder of the company and enjoy decision-making power alone or in collaboration with other entrepreneurs;
6. Other criteria may apply depending on the investment policy in force.
Application Steps:
Applicants must connect with the Business Advisor through the online contact form.
Documentation Needed:
For details about the documentation requirements, applicants must contact CAE Memphrémagog:
Phone: 819 843-4342
Email: info@caememphremagog.ca
Other Things to Note:
About the author
Maurice
