How much funding can be received?

Funds up to 75% of admissible expenses, capped at $300000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CAE Rive-Nord — Financing for businesses?

CAE Rive-Nord — Financing for businesses is funded by CAE Rive-Nord

What are CAE Rive-Nord — Financing for businesses's eligibility criterias?

For local for-profit businesses Primarily for manufacturing, distribution, and construction sectors

CAE Rive-Nord — Financing for businesses

Last Update: May 16, 2025

QC, Canada

Business financing solutions for short-term growth and working capital

CAE Rive-Nord — Financing for businesses at a glance

Eligible Funding

Max. $300,000
Up to 75% of project cost

Timeline

Continuous Intakes

Financing Type

Loans and Capital investments

Eligible Industries

Construction
Manufacturing
Wholesale trade

Grant Providers

CAE Rive-Nord

Status

Open

Overview of the CAE Rive-Nord — Financing for businesses program

CAE Rive-Nord offers business financing of up to $300,000 to accelerate short-term growth and liquidity for local companies. Eligible activities include purchase order financing, SR&ED tax credit advances, and working capital for projects such as hiring, equipment purchases, and operational expansion.

Financing terms and conditions

Short-term financing available up to $300,000.
Purchase order financing covers up to 75% of purchase orders.
Tax credit financing can provide up to 75% of the refundable SR&ED tax credits for the current and previous year.

Eligible projects & activities

Completion of purchase orders in the manufacturing, distribution, and construction sectors.
Advancement of research and development initiatives by leveraging government tax credits.
Business growth initiatives such as hiring new staff, acquiring equipment, or supporting specific projects through increased working capital.

Examples of admissible projects:

$ 255,000

Increasing production capacity to fulfill major furniture orders

$ 100,000

Hiring welders and buying steel for custom staircase contracts

$ 175,000

Working capital for installing energy-saving windows in condos

$ 210,000

Funding R&D prototype for high-efficiency HVAC ductwork system

$ 190,000

Purchase order financing for industrial electrical panel manufacturing

$ 158,000

Expanding automated packaging line for local food distribution

Eligibility criteria of the CAE Rive-Nord — Financing for businesses program

The applicant must operate a business in the manufacturing, distribution, or construction sectors.
The business must require short-term financing for activities such as completing purchase orders, accessing tax credit advances, or securing working capital for growth.
The company must be eligible for government research and development tax credits (for SR&ED tax credit financing).

Who is eligible?

Manufacturing companies
Distribution companies
Construction companies
Local businesses

Eligible expenses

Labour costs required to complete purchase orders.
Materials needed for fulfilling purchase orders.
Transportation expenses related to purchase orders.
Eligible research and development expenses covered by refundable government tax credits.
Working capital expenditures, such as hiring employees or purchasing equipment for business growth.

Eligible geographic areas

MRC Two Mountains
MRC River of the North
MRC Argenteuil
MRC Thérèse-de Blainville
Mirabel

How to apply to the CAE Rive-Nord — Financing for businesses program

Analyze and prepare application

Consult with CAE Rive-Nord professionals to analyze your financing needs
Prepare the financing application with professional assistance

Submit the application

Submit the completed financing application to CAE Rive-Nord
Ensure all documentation meets CAE requirements

Application review and follow-up

Wait for review by CAE professionals
Respond promptly to any requests for additional information

Accept financing and receive funds

Upon approval, review and sign financing agreements
Access the approved funds as per agreement

Additional information

Analysis and preparation of financing applications are handled by professionals.
Faster disbursement of funds compared to traditional financial institutions.
No penalty is applied for early repayment of the financing.
In-house legal services are available to support applicants, potentially saving time and costs.