Project Financing

Amount:

No specific amount was identified.

Type:

Investment, Loan, Loan Guarantee

Description:

This program provides loans to Quebec SMEs and large companies for projects involving expansion, exporting, modernization, innovation, buildings and equipment, marketing and more.

Comments on Funding:

Funding may take the following forms:
– loans at competitive rates;
– loans in partnership with other lenders;
– loan guarantees: Guaranteed repayment of the net loss suffered by a financial institution that granted you a loan, line of credit, letter of credit or any other short-term financial commitment.
– quasi-equity financing in the form of debentures or subordinated debt.

Funding details:
1. Minimum financing: $50,000: financing for all your projects, large and small.
2. Short- or long-term financing (up to 25 years).
3. Possible deferral of principal repayment (up to 24 months).
4. Funding can cover up to 100% of the cost of your project.

Deadline:

Continuous Intake

Eligibility:

All Québec businesses are eligible, except companies operating in the following industries:
1. Agriculture*;
2. Finance and insurance;
3. Real estate (some activities are excluded);
4. Retail sales and comparable activities;
5. Other sectors where the client base is made up primarily of individuals, except for tourism.

* However, businesses that are not eligible for the programs offered by La Financière agricole du Québec may be eligible for Investissement Québec financing.

Application Steps:

To make a request, contact an Investissement Québec expert
at 1 844 IQINFOS (1 844 474-6367).

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Learn more
Contact an Investissement Québec expert
at 1 844 IQINFOS (1 844 474-6367).

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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