SADC Manicouagan Fonds Régulier (Regular Fund)

Amount:

$250,000.00

Type:

Loan

Description:

The Regular Fund of SADC Manicouagan is specifically designed to cater to small and medium-sized enterprises within the region.

Comments on Funding:

Funding is a loan of up to $250,000:
– Interest rate: Bank of Canada prime rate + 4.25% (first year), TP + 3.25% (other years);
– Flexible repayment terms;
– Management fee of 1% applicable upon loan disbursement.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be small and medium-sized enterprises;
2. be located in the service area of SADC Manicouagan.

Application Steps:

For details about the application process, applicants must contact SADC Manicouagan:
Phone: 418 295-7232
Email: solution@sadcmanic.ca.

Documentation Needed:

For details about the documentation requirements, applicants must contact SADC Manicouagan:
Phone: 418 295-7232
Email: solution@sadcmanic.ca.

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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