CAE Rive-Nord — Financing for businesses

• 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.

• 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

• 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.