How much funding can be received?

Funds up to 300000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CAE Beauce-Chaudière — Traditional Business Loan?

CAE Beauce-Chaudière — Traditional Business Loan is funded by CAE Beauce-Chaudière

What are CAE Beauce-Chaudière — Traditional Business Loan's eligibility criterias?

The business must be located in Beauce. The business must have 200 employees or fewer. The loan cannot be used to refinance debt.

CAE Beauce-Chaudière — Traditional Business Loan

Last Update: April 19, 2025

QC, Canada

Loan for business startup and expansion in Beauce-Chaudière

CAE Beauce-Chaudière — Traditional Business Loan at a glance

Eligible Funding

From $25,000 to $300,000

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

CAE Beauce-Chaudière

Status

Open

Overview of the CAE Beauce-Chaudière — Traditional Business Loan program

The CAE Beauce-Chaudière — Traditional Business Loan provides up to $300,000 to support business acquisition, startup, growth, modernization, or consolidation projects. Eligible activities must occur within Beauce for businesses with 200 or fewer employees.

Financing terms and conditions

Loan amount ranging from $25,000 to $300,000.
Interest rate set at the Bank of Canada’s prime rate plus 2%, with an additional risk premium if applicable.
Loan can be secured with or without collateral.
Option for a capital moratorium to defer payments.
Requires a personal guarantee from the business owner.

Eligible projects & activities

Acquisition of a business.
Business succession planning.
Startup of a new business.
Expansion or growth of an existing business.
Modernization of business operations.
Consolidation of business activities.

Eligibility criteria of the CAE Beauce-Chaudière — Traditional Business Loan program

Business must be located in Beauce.
Business must have 200 employees or fewer.
The loan cannot be used to refinance debt.

Who is eligible?

Companies involved in business acquisition
Businesses preparing for succession
Startups
Companies seeking growth
Businesses undergoing modernization
Companies looking for consolidation

Eligible geographic areas

Businesses must be located in Beauce.

How to apply to the CAE Beauce-Chaudière — Traditional Business Loan program

Preparation of the request Clearly identify the project requiring a loan (acquisition, succession, startup, growth, modernization, consolidation).

Gather the financial and strategic information of the company, such as the business plan, recent financial statements, and the financing plan.

Meeting with CAE Beauce-Chaudière Contact a representative from CAE Beauce-Chaudière to discuss your project and confirm your eligibility.

Request additional details about the preparation and submission of your application.

Submission of the application Compile all the documents required by the CAE for the loan application.

Fill out the application form online or on paper if available.
Submit your application file to CAE Beauce-Chaudière via the prescribed means (online or by physical mail, according to the provided instructions).

Follow-up on the request Receive a confirmation of receipt of your loan application.

Prepare any additional information to be provided to CAE upon request.

Additional information

Loans may be granted with or without collateral, providing flexibility depending on the applicant’s situation.
There is an option for a capital moratorium, which may help businesses manage cash flow during the early stages of repayment.
A personal guarantee from the business owner is mandatory.
The interest rate consists of the Bank of Canada’s prime rate plus a 2% base, with a possible additional risk premium depending on individual cases.

Apply to this program