Interim financing of the refundable tax credit for the production of shows
No specific amount was identified.
Grant, Loan, Investment
Description:
This program, administered by SODEC, takes the form of a loan guarantee or, exceptionally, can be offered in the form of a direct loan that can cover a maximum of 75% of the anticipated refundable tax credit.
SODEC guarantees the lender the reimbursement of 100% of the principal balance of the loan and also 100% of the accrued interest and recovery expenses, without exceeding 15% of the principal balance on the date of the loan recall.
For the purposes of applying this program, the lender must be a bank within the meaning of the Bank Act (LC, 1991, c.46) or a caisse within the meaning of the Act respecting financial services cooperatives (RLRQ, cC-67.3).
Comments on Funding:
This program, administered by SODEC, takes the form of a loan guarantee or, exceptionally, can be offered in the form of a direct loan that can cover a maximum of 75% of the anticipated refundable tax credit.
SODEC guarantees the lender the reimbursement of 100% of the principal balance of the loan and also 100% of the accrued interest and recovery expenses, without exceeding 15% of the principal balance on the date of the loan recall.
For the purposes of applying this program, the lender must be a bank within the meaning of the Bank Act (LC, 19
Applications are accepted on an ongoing basis.
Eligibility:
A request for financing may be submitted to SODEC by a company that has received a prior favorable decision from SODEC within the framework of the refundable tax credit for the production of shows.
Application Steps:
Interim financing applications must be submitted through the SOD@ccès secure submission portal. Click here to access it.
By connecting to SOD@ccès, you will have to:
Create your user profile if you are a new user or enter your access codes.
Choose the program that matches your request.
Complete the application form and upload all required documents.
Please note that before submitting an application, you will need to prepare the documentation to be transferred to SOD@ccès.
Documentation Needed:
Templates to download for the presentation of your application
Declaration of the applicant company
Personal assessment
Master File – Identification of shareholders and directors of the company
Other Things to Note:
INFORMATION
General Directorate of Financial Services for Businesses
services.financiers@sodec.gouv.qc.ca
About the author
Maurice
