Prêt de capital patient immobilier (Real Estate Patient Capital)

By mmuise
Description:

This loan supports social economy enterprises that wish to develop or improve their operational or real estate potential. This financing covers costs directly related to the acquisition, construction and renovation of real estate assets belonging to social economy enterprises.


Comments on Funding:

Funding takes the form of loans ranging from $50,000 to $1.5 million and covering maximum 31.5% of project costs.

Deadline: Continuous Intake
Eligibility:

Applicants must be Québec social economy enterprises, non-profit organizations and cooperatives for which:

  • the majority of employees live in Québec.
  • business assets are under one hundred million dollars ($100 million) or capital under fifty million dollars ($50 million).

    Mortgage financing from a financial institution is required.
Application Steps:

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Documentation Needed:

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Other Things to Note:

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About the author
mmuise