SADC Lotbinière Prêt Expert (Expert Loan)

Amount:

$20,000.00

Type:

Loan

Description:

SADC Lotbinière’s Expert Loan is designed to finance professional fees in order to improve the performance or consolidate the management of the company. It also finances training aimed at improving the management capacity of managers.

Comments on Funding:

Funding is a loan between $5,000 to $20,000:
– Loan up to 75% of eligible unsubsidized costs;
– The repayment methods are flexible and adapted to the reality of each project for a maximum period of 3 years;
– Bank of Canada prime rate + 3%;
– No penalty if reimbursed before maturity;
– No recurring administrative costs;
– Guarantees and reimbursement methods that are flexible and adapted to the reality of each project.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be entrepreneurs;
2. have companies that operate in the Lotbinière MRC;
3. have fewer than 200 employees when the file is analyzed;
4. demonstrate the aspects that set it apart.

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:

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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