CAE Beauce-Chaudière — Transfer Strategy Financing
grant_single|update March 9, 2025
QC, Canada
Facilitates business succession or acquisition through financing options
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
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 — Transfer Strategy Financing provides loans up to $50,000 to support the succession or acquisition of businesses. Eligible activities include business transitions for companies with 200 employees or fewer, located in Beauce.
grant_single_labels|terms_and_conditions
- Loan amounts range from $25,000 to $50,000.
- No interest is charged for the initial 24 months.
- A capital moratorium of up to 24 months is possible.
- The maximum amortization period is 7 years.
- A minimum equity contribution of 10% of the total project cost is required.
- The borrower must purchase at least 10.10% of the company’s shares.
- A personal guarantee from the borrower is necessary.
- No collateral is required for securing the loan.
grant_single_labels|admissibility
- The company must be located in Beauce.
- The entrepreneur must work full-time in their business, with a minimum of 30 hours per week.
- Financing from CAE through the Regular Fund, of equal or greater value than the transfer strategy funding, must be part of the financial structure.
- The company must have 200 employees or fewer.
- The funding cannot be used to refinance a debt.
grant_eligibility_criteria|zone
- Beauce region
grant_single_labels|apply
1
Preliminary Requirements Check
Review the eligibility criteria to ensure that your business meets the grant requirements.
Check that your project includes funding from the CAE by the Regular Fund of an amount equal to or greater than the funding for the transfer strategy.
2
Preparation of the application file Prepare a business plan demonstrating your strategy for transferring or acquiring the business.
- Include a section detailing your personal investment covering at least 10% of the total project cost.
- Gather the necessary documents to prove the number of hours worked and the number of employees in your company.
3
Consultation with a CAE Advisor
Contact a CAE Beauce-Chaudière advisor to discuss your project and get advice on preparing your application.
Schedule a meeting to assess your eligibility and the proposed funding structure.
4
Submission of the application Prepare all the required documents for the loan application and organize them in a coherent manner.
Submit your loan application directly to the CAE Beauce-Chaudière office in person or electronically, according to the guidelines of the organization.
5
Follow-up on the request Contact the CAE Beauce-Chaudière to confirm the receipt of your request.
Keep a record of your application number and correspondence with the agency.
grant_single_labels|otherInfo
- The loan agreement includes a personal guarantee requirement from the borrower.
- Recipients of the loan must adhere to a maximum amortization period of 7 years for repayment.
- There is no requirement for collateral to secure the loan.
- The loan does not accrue interest for the initial 24 months, providing a grace period for new business acquirers.
- Borrowers have the option for a capital moratorium for up to 24 months, offering financial flexibility.