Crédit d’impôt (Tax Credit Loan)

By mmuise
Description:

SADC d’Antoine-Labelle provides businesses a loan of up to 75% of the total tax credit claim.


Comments on Funding:

Funding takes the form of loans ranging from $10,000 to $150,000. The amount of the loan can reach up to 75% of the total tax credit claim

Loan terms and fees:
1. Loan for a maximum of 18 months.
2. Chattel mortgage on the tax credit.
3. Signature of a power of attorney for the reimbursement to be made jointly in the name of the company and the SADC.
4. Early repayment without penalty.
5. Pricing according to SADC policy.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be businesses;
  • be located in the MRC d'Antoine-Labelle
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise