SADC Lotbinière Prêt Financement De Commande (Order Financing Loan)
$150,000.00
Loan
Description:
SADC Lotbinière’s Order Financing Loan is aimed to financially support the growth of businesses by advancing the funds necessary to carry out an order or contract which exceeds the usual volume of the business and whose line of credit is not sufficient to meet the need for working capital.
Comments on Funding:
Funding is a loan between $25,000 to $150,000:
– Loan corresponding to the costs of raw materials and salaries necessary to complete the order and not exceeding 75% of the sale price thereof;
– Reimbursement is made over a maximum of 12 months.
Continuous Intake
Eligibility:
Applicants must:
1. be a manufacturing company or certain specialized services;
2. have completed at least one year of activity;
3. demonstrate receipt of the order from a credible buyer;
4. have fewer than 200 employees when the file is analyzed;
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
- Chaudiere-Appalaches
- Dosquet
- Laurier-Station
- Leclercville
- Lotbinière
- Manufacturing Sector
- 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
- Val-Alain
- Working Capital
About the author
Maurice
