SADC Îles-de-la-Madeleine Fonds Coup De Pouce À La Relève (Business Succession Fund)

Amount:

$50,000.00

Type:

Loan

Description:

SADC Îles-de-la-Madeleine offers loans intended for business acquisition projects.

Comments on Funding:

Funding is a loan ranging from $5,000 to $50,000:
– Deferral of capital repayment for 2 years;
– Competitive interest rates;
– Flexible repayment terms;
– Early repayment without penalty;
– No management fees.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be entrepreneurs;
2. be seeking financing for business acquisition projects;
3. be located within the service area of SADC Îles-de-la-Madeleine.

Application Steps:

Applicants must connect with their Business Advisor through their online Information Request Form, or contact: Isabelle Lapierre, Business advisor at ilapierre@sadcdesiles.com.

Documentation Needed:

For details about the documentation requirements, applicants must contact: Isabelle Lapierre, Business advisor at ilapierre@sadcdesiles.com.

Other Things to Note:

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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