SADC du Suroît-Sud Fonds D’Investissement (Investment Fund)
$300,000.00
Loan
Description:
SADC du Suroît-Sud’s Investment Fund allows start-ups or existing businesses to obtain financing to carry out the following types of projects:
– Working capital requirement;
– Purchase of equipment and software;
– Purchase of building;
– Purchase transfer of a business.
Comments on Funding:
Funding is a loan between $10,000 and $300,000 per contractor:
– Possibility of $ 20 000 per partner if more than one entrepreneur per company;
– (Maximum loan allowed for 2 entrepreneurs);
– First 2 years at a rate of 0%;
– Years 3, 4 and 5, at Desjardins’ commercial prime rate of 2%;
– Amortisation over a maximum period of 5 years;
– Possibility of prepayment without penalty;
– Possibility of a moratorium on capital for a maximum of 6 months.
Continuous Intake
Eligibility:
Applicants must:
1. be new businesses;
2. be existing businesses;
3. be located in Beauharnois-Salaberry and Haut-Saint-Laurent MRC.
Application Steps:
For more details and to chat with SADC experts, applicants must fill out the contact request form or call 450.370.3332 ext. 0.
Documentation Needed:
For details about the documentation requirements, applicants must contact SADC du Suroît-Sud:
Phone: 450.370.3332
Email: info@sadc-suroitsud.org
Other Things to Note:
- Akwesasne
- All
- Beauharnois
- Business Purchase or Transfer
- Dundee
- Elgin
- Equipment or Property (lease or buy)
- Franklin
- Godmanchester
- Havelock
- Hinchinbrooke
- Howick
- Huntingdon
- Les Cèdres
- Les Coteaux
- Montérégie
- Non-profit Organization
- Ormstown
- Pointe-Fortune
- Quebec
- Rigaud
- Rivière-Beaudette
- Saint-Anicet
- Saint-Chrysostome
- Saint-Clet
- Saint-Étienne-de-Beauharnois
- Saint-Louis-de-Gonzague
- Saint-Polycarpe
- Saint-Stanislas-de-Kostka
- Saint-Urbain-Premier
- Sainte-Barbe
- Sainte-Justine-de-Newton
- Sainte-Marthe
- Sainte-Martine
- Salaberry-de-Valleyfield
- Start a Business
- Très-Saint-Rédempteur
- Très-Saint-Sacrement
- Working Capital
About the author
Maurice
