Garantie de prêt levier (Leverage Loan Guarantee)
$100,000.00
Loan Guarantee
Description:
The Leverage Loan Guarantee is intended for entrepreneurs who are at the business creation stage. The leverage loan guarantee offers access to financing of up to $100,000 without taking any mortgage on moveable or immoveable property.
Comments on Funding:
It provides financing of up to $100,000, without requiring a real estate or personal property guarantee.
Continuous Intake
Eligibility:
Applicants must:
1. be over 18 years of age and domiciled in Québec;
2. have a 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
