Startup & Expansion Loans
$25,000.00
Loan
Description:
The Startup & Expansion Loans are for small and medium-sized businesses run by entrepreneurs of all ages. Recipients get support to develop their business knowledge and skills in marketing, accounting, human resources and business planning. Low-interest loans of up to $25,000 are available, with flexible repayment terms and no penalty for early repayment of the principal.
Comments on Funding:
Funding ranges from $5,000 to $25,000 with a low interest rate of Prime + 2%, low principal payments and no penalty for early repayment.
All $5,000 loans are interest free for 6 months.
Continuous Intake
Eligibility:
Applicants must be:
1. entrepreneurs of all ages,
2. businesses registered within the Halifax, Dartmouth and Bedford boundaries.
Application Steps:
Applicants must apply through the online form.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
CEED Programs are delivered in partnership with ACOA and the Province of Nova Scotia.
About the author
Maurice
