SADC d’Antoine-Labelle Acquisition D’entreprise: L’équité (Business Acquisition: Equity)
$300,000.00
Investment
Description:
SADC d’Antoine-Labelle provides a loan that allows an entrepreneur to acquire a business.
Comments on Funding:
Funding is a loan varying between $10,000 and $150,000 per promoter up to a maximum of $300,000 per business:
– Moratorium on capital repayment of up to 36 months;
– Personal guarantee of the promoter;
– Down payment and guarantees established according to the nature of the project.
Continuous Intake
Eligibility:
Applicants must:
1. be entrepreneurs;
2. be acquiring a business;
3. be located in the territory served by the SADC;
3. have met these eligibility criteria:
a) Maximum funding for 3 promoters per company;
b) Initial purchase of at least 25% of the voting shares by promoter and planning to purchase at least 51% of the shares within a maximum period of 5 years;
c) Demonstration of the viability of the business and its repayment capacity;
d) Knowledge transfer plan from the seller.
Application Steps:
For details with the application process, applicants must connect through SADC d’Antoine-Labelle:
Phone: 819-623-1540 Ext. 451
Email: info@sadcal.com
Documentation Needed:
For details with the documentation requirements, applicants must connect through SADC d’Antoine-Labelle:
Phone: 819-623-1540 Ext. 451
Email: info@sadcal.com
Other Things to Note:
- All
- Business Purchase or Transfer
- Chute-Saint-Philippe
- Ferme-Neuve
- Kiamika
- L'Ascension
- La Macaza
- Lac-des-Écorces
- Lac-du-Cerf
- Lac-Saguay
- Lac-Saint-Paul
- Lanaudiere
- Mont-Laurier
- Mont-Saint-Michel
- Nominingue
- Non-profit Organization
- Notre-Dame-de-Pontmain
- Notre-Dame-du-Laus
- Quebec
- Rivière-Rouge
- Saint-Aimé-du-Lac-des-Iles
- Sainte-Anne-du-Lac
About the author
Maurice
