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
1
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.
2
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.
3
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).
4
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.