Fonds d’Emprunt (Loan Fund)

By mmuise
Description:

The loans are intended for people aged 18 and over who do not have access or who have limited access to traditional sources of financing for the start-up or consolidation of businesses.
The Loan Fund grants two types of loan:
1. The Nanoprêt: loan between $500 and $2,000, repayable over a maximum of one year.
2. Microcredit: loan of more than $2,000 to $20,000 per person (exceptional case) per project and could go up to $40,000 if more than one owner in the business. This type of loan is repayable between three to five years.


Comments on Funding:

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Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be people aged 18 and over;
  • not have access or who have limited access to traditional sources of financing;
  • be seeking financing for the start-up or consolidation of businesses;
  • be headquartered in the territory of the following RCMs: Antoine-Labelle, Argenteuil, Laurentides, Pays-d'en-Haut and Rivière-du-Nord.
Application Steps:

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Documentation Needed:

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Other Things to Note:

The company must have its head office in the territory of the following RCMs: Antoine-Labelle, Argenteuil, Laurentides, Pays-d'en-Haut and Rivière-du-Nord.

About the author
mmuise