Financing Programs

Loan ranging from a minimum amount of $15,000 to a maximum of $250,000*.
Competitive interest rate.
Down payment: minimum 10% of the total project cost.
Average amortization of 5 years, can vary from 2 to 15 years depending on the project and collateral.
Basic guarantees: personal surety and life insurance.
Application fee of 1.5% of the requested loan amount (minimum of $400).
Annual management fee of $300.

For loans between $150,000 and $250,000, the following additional criteria apply:

The project has a real impact on community development.
Creation or maintenance of a minimum of 5 jobs.
The company operates in an industry prioritized by the MRC of Laurentides or Pays-d’en-Haut.

Loan ranging from a minimum amount of $15,000 to a maximum of $250,000*;
Competitive interest rate;
Down payment: minimum 10% of the total project cost;
Average amortization of 5 years, can vary from 2 to 15 years depending on the project and collateral;
Basic guarantees: personal surety and life insurance;
Application fee of 1.5% of the requested loan amount (minimum of $400);
Annual management fee of $300.

For loans between $150,000 and $250,000, the following additional criteria apply:

The project has a real impact on community development;
Creation or maintenance of a minimum of 5 jobs;
The company operates in an industry prioritized by the MRC of Laurentides or Pays-d’en-Haut.

Term loan ranging from a minimum of $5,000 to a maximum of $25,000 per business;
Interest-free for the first 24 months;
Interest rate set according to the Bank of Canada’s prime rate plus 2%;
3-month principal repayment holiday for all loans;
No penalty for early repayments;
Support to strengthen entrepreneurial management skills and establish a solid foundation for the business;
Down payment: Flexible, depending on the type of project and collateral;
Average amortization of 5 years;
Guarantees: personal surety and life insurance;
Application fee of 1.5% of the requested loan amount (minimum $400);
Annual management fee of $250.

Loan ranging from a minimum of $5,000 to $15,000;
The business must have been in existence for at least one year;
Interest rate set according to the SADC base rate, plus a risk premium of 4%. However, it must minimally respect the Bank of Canada’s prime rate plus at least 2%;
The promoter’s credit score must be above 700 (FICO);
Annual and most recent interim financial statements must demonstrate a stable financial situation;
Financing can reach up to 100% depending on the project;
Generated funds must be positive;
Maximum amortization of 5 years;
Early repayment penalty: None;
Guarantees: personal surety and life insurance;
Application fee of $400;
Annual management fee of $300.

You have questions about our financing programs ?