SADC Lotbinière Prêt Démarrage / Transfert D’entreprise (Start-Up Loan / Business Transfer)
$25,000.00
Loan
Description:
SADC Lotbinière offers loans to finance entrepreneurs aged 18 and over who have a start up or business transfer project.
Financial assistance cannot be used to refinance an existing debt of the entrepreneur or business.
Comments on Funding:
Funding is a loan between $5,000 to $25,000:
– Personal loan whose beneficiary is the company;
– Bank of Canada prime rate + 3%;
– No penalty if reimbursed before maturity;
– Loan up to $50,000 per business, depending on the number of promoters;
– No recurring administrative costs;
– Guarantees and flexible repayment methods adapted to the reality of each project.
Continuous Intake
Eligibility:
Applicants must:
1. be entrepreneurs;
2. be 18 years old and up;
3. hold at least 25% of the voting shares or shares of the company (for a general partnership);
4. have companies operating in the Lotbinière MRC;
5. Other possible prerequisites depending on the project.
Application Steps:
For details about the application process, applicants must connect with the Business Advisor through their telephone at 418 728-3330.
Documentation Needed:
For details about the documentation requirements, applicants must connect with the Business Advisor through their telephone at 418 728-3330.
Other Things to Note:
- All
- Business Purchase or Transfer
- Chaudiere-Appalaches
- Dosquet
- Laurier-Station
- Leclercville
- Lotbinière
- Non-profit Organization
- Notre-Dame-du-Sacré-Coeur-d'Issoudun
- Quebec
- Saint-Agapit
- Saint-Antoine-de-Tilly
- Saint-Apollinaire
- Saint-Édouard-de-Lotbinière
- Saint-Flavien
- Saint-Gilles
- Saint-Janvier-de-Joly
- Saint-Narcisse-de-Beaurivage
- Saint-Patrice-de-Beaurivage
- Saint-Sylvestre
- Sainte-Agathe-de-Lotbinière
- Sainte-Croix
- Start a Business
- Val-Alain
- Youth
About the author
Maurice
