CAE Beauce-Chaudière — Green Strategy Financing
QC, Canada
Eco-friendly business financing with favorable loan terms
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- CAE Beauce-Chaudière
grant_single|status
grant_card_status|open
grant_single_labels|preview
The CAE Beauce-Chaudière — Green Strategy Financing program offers loans of up to $25,000 to support businesses in adopting eco-friendly practices or implementing clean technologies. Eligible activities include projects focused on sustainable development with businesses in the Beauce region.
grant_single_labels|terms_and_conditions
- Loan amount ranging from $10,000 to $25,000 per project.
- No interest charged for the first 24 months.
- A 2% interest rate discount relative to regular rates.
- Option for capital deferral for a period of up to 24 months.
- Maximum repayment term of 7 years.
- Financing is limited to two projects per business.
- Personal guarantee required from the borrower.
- No collateral required.
grant_single_labels|admissibility
- The company must be located in Beauce.
- The entrepreneur must work full-time in their business (minimum 30 hours per week).
- Financing from CAE through the regular fund, of equal or greater value than the digital strategy financing, must be part of the financial package.
- The company must have 200 or fewer employees.
- Funds cannot be used to refinance debt or for a feasibility study.
grant_eligibility_criteria|who_can_apply
- Eco-friendly businesses
- Companies implementing clean technologies
grant_eligibility_criteria|zone
- Beauce region
grant_single_labels|register
- Step 1: Verify EligibilityEnsure that your business is located in Beauce and employs 200 or fewer employees.
- Confirm that you are working full-time in your business and meet the additional eligibility criteria.
- Step 2: Gather DocumentationPrepare necessary documents that demonstrate your eco-friendly practices or clean technology implementations.
- Ensure financial statements and projections are ready to accompany your application.
- Step 3: Contact CAE Beauce-ChaudièreReach out to the CAE Beauce-Chaudière team for guidance on the application process.
- Request detailed information or clarification on application requirements.
- Step 4: Complete the Application FormFill out the application form, ensuring all sections are accurately completed.
- Include information about the project, expected impacts, and financial needs.
- Step 5: Submit ApplicationSubmit your completed application form along with all required documents to CAE Beauce-Chaudière.
- Follow any specific submission guidelines provided by the CAE.
- Step 6: Await ResponseMonitor your email for confirmation and any subsequent communications from CAE Beauce-Chaudière regarding the status of your application.
grant_single_labels|otherInfo
- No collateral is required for this loan, simplifying the application process for business owners.
- A personal guarantee from the borrower is needed to secure the loan.
- The interest rate includes a 2% discount compared to regular rates, offering a cost-effective financing solution for eligible businesses.
- The possibility of deferring capital for up to 24 months provides flexibility in managing financial commitments.
