Garantie de prêt Développement (Development Loan Guarantee)
$15,000,000.00
Loan Guarantee
Description:
The Development Loan Guarantee is designed to enhance intervention in higher risk files demonstrating potential profitability and to contribute to food self-sufficiency. It addresses startups and expansion projects, businesses in emerging sectors, and businesses with low equity. This program covers all production sectors.
Comments on Funding:
Guaranteed loans of up to $15,000,000.
Continuous Intake
Eligibility:
Applicants must:
1. be over 18 years of age and domiciled in Québec;
2. have your business held by at least 50% of individuals practicing agriculture;
3. show good profit-making potential;
4. abide by the environmental standards set forth in the Environment Quality Act and the Agricultural Operations Regulations, including the requirements involving the phosphorus report and operating rights.
Application Steps:
Applicants must:
1. make certain they meet the eligibility criteria;
2. contact an advisor at their service centre to make an appointment.
Documentation Needed:
Applicants must provide:
1. a completed application form;
2. a business plan;
3. financial statements.
Other Things to Note:
About the author
Maurice
