Crédit d’impôt (Tax Credit Loan)

Amount:

$150,000.00

Type:

Loan

Description:

SADC d’Antoine-Labelle provides businesses a loan of up to 75% of the total tax credit claim.

Comments on Funding:

Funding takes the form of loans ranging from $10,000 to $150,000. The amount of the loan can reach up to 75% of the total tax credit claim

Loan terms and fees:
1. Loan for a maximum of 18 months.
2. Chattel mortgage on the tax credit.
3. Signature of a power of attorney for the reimbursement to be made jointly in the name of the company and the SADC.
4. Early repayment without penalty.
5. Pricing according to SADC policy.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be businesses;
2. be located in the MRC d’Antoine-Labelle

Application Steps:

For application details, applicants must contact SADC d’Antoine-Labelle through its telephone: 819 623.1540.

Documentation Needed:

No specific documentation has been identified.

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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