SADC Pontiac CFDC Micro-prêt (Micro-loan)

Amount:

$25,000.00

Type:

Loan

Description:

SADC Pontiac CFDC Micro-loan program is designed to help viable local businesses succeed and continue to grow, creating a strong local economy. Funds can be used to purchase equipment, inventory or as working capital.

Comments on Funding:

Funding is a loan ranging from $5,000 to $25,000:
– Repayment period: between 1 and 5 years;
– Interest: base rate + 2%;
– Guarantee: personal surety;
– Payment : at any time without penalty.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be local businesses;
2. be located within the service area of SADC Pontiac CFDC.

Application Steps:

Applicants must talk to an Advisor through an online contact form or through:
Phone: 819-683-3733
Email: info@sadcpontiac.ca

Documentation Needed:

For details about the documentation requirements, applicants must contact SADC Pontiac CFDC:
Phone: 819-683-3733
Email: info@sadcpontiac.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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