Financement releve et achat dentreprise (Business Succession and Buyout Financing)

Amount:

$300,000.00

Type:

Loan

Description:

CAE Drummond provides loans and support to entrepreneurs who wish to acquire a business. The process of transferring a business is complex, unique and decisive for its viability.

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 a track record of profitability, viability and good prospects for development and growth.
3. demonstrate the strength and experience of its management team;
4. provide tangible guarantees;
5. acquire share capital or assets;
6. be using the funds for business acquisition process.

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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