Financement equipement et immobilisation (Equipment and Capital Financing)

Amount:

$300,000.00

Type:

Loan

Description:

This program provides entrepreneurs a loan to acquire production equipment, manufacturing or management software. It can also be used to expand or purchase a building, to carry out leasehold improvements or to register patents. Other types of projects may also be eligible.

Comments on Funding:

Funding takes the form of loans ranging from $10,000 to $300,000.

Deadline:

Continuous Intake

Eligibility:

The applicant must:
1. be a company located in the territory served by the CAE Drummond;
2. demonstrate profitability and viability over the past few years or demonstrate short-term potential;
3. demonstrate the strength and experience of its management team;
4. provide tangible guarantees;
5. have these eligible projects, including:
a) equipment acquisition;
b) purchase of land and building;
c) facility expansions and leasehold improvements;
d) registration of patents and trademarks;
e) purchase of rolling stock;
f) purchase of specialized software and computer equipment.
g) and more.

Application Steps:

Applicants must talk to a Business Advisor.

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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