Community Business Development Corporation (CBDC) Western PEI General Business Loan

Amount:

$150,000.00

Type:

Loan

Description:

CBDC Western PEI offers loans to businesses and entrepreneurs within its service region.

Comments on Funding:

Funding is a loan of up to $150,000.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be entrepreneurs or businesses purchasing a new or existing company;
2. be expanding an existing business;
3. be an existing company in need of working capital;
4. be both year-round and seasonal businesses;
5. be potential borrowers showing a legitimate chance of economic viability;
6. demonstrate employment creation and/or maintenance without negatively impacting existing area businesses;
7. be located within the service area of CBDC Western PEI.

Application Steps:

Applicants must apply online.

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC Western PEI through:
Phone: (902) 853-3636
https://www.cbdc.ca/contact

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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