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Closed
Last Update: April 27, 2026
Funding available
$ 500 - $ 20,000
Timeline
- Receipt of requests is now closed
Location
Bas-Saint-Laurent, Quebec, Canada
Overview
This term loan provides financing from $500 to $20,000 for business needs such as working capital, equipment, and startup costs. It offers monthly repayment over up to 5 years, with a fixed interest rate based on Desjardins prime plus 3%.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 20,000 $
- Minimum amount : 500 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- All industries
Location
- Bas-Saint-Laurent
- Quebec
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Business start-up financing.
- Business growth financing.
- Temporary bridge financing tied to a confirmed future cash inflow.
Documents Needed
- Business plan.
- Financial forecasts.
- Required operating permits.
Eligibility
Who is eligible?
- Businesses with a head office in the KRTB territory.
- Existing businesses and start-ups.
- All business structures, including sole proprietorships, partnerships, corporations, and non-profits.
Who is not eligible
- Businesses with a head office outside the KRTB territory.
- Applicants with a project already completed.
- Businesses seeking to repay existing debt.
Eligible expenses
- Down payment.
- Working capital.
- Inventory purchases.
- Equipment purchases.
- Startup costs.
Ineligible Costs and Activities
- Repayment of existing debt.
- Financing for a project that has already been completed.
Eligible geographic areas
- KRTB territory
Processing and Agreement
- Applicants can contact an advisor to confirm whether their project may be eligible.
- The loan is accompanied by close support during the repayment period.
- Funding is provided only after the project and borrower are assessed as suitable.
Additional information
- Early repayment is allowed without penalty.
- Applicants receive close support throughout the loan repayment period.
- A bridge loan may be used when a future cash inflow is confirmed and guaranteed.
Contacts
Frequently Asked Questions about the Microcrédit KRTB - Term loan Program
Here are answers to the most common questions about the Microcrédit KRTB - Term loan. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Microcrédit KRTB - Term loan?
This term loan provides financing from $500 to $20,000 for business needs such as working capital, equipment, and startup costs. It offers monthly repayment over up to 5 years, with a fixed interest rate based on Desjardins prime plus 3%.
How much funding can be received?
Microcrédit KRTB - Term loan Funds up to $20,000 of admissible expenses.
Who is eligible for the Microcrédit KRTB - Term loan program?
To be eligible for the Microcrédit KRTB - Term loan program, you must:
Head office in the KRTB territory.
Viable and legal business project.
Limited access to traditional financing.
What expenses are eligible under Microcrédit KRTB - Term loan?
Business start-up financing.
Business growth financing.
Temporary bridge financing tied to a confirmed future cash inflow.
Who can I contact for more information about the Microcrédit KRTB - Term loan?
You can contact Microcrédit KRTB by email at info@microcreditkrtb.com or by phone at 581 673-1793.
Where is the Microcrédit KRTB - Term loan available?
The Microcrédit KRTB - Term loan program is available Bas-Saint-Laurent, Quebec.
Is the Microcrédit KRTB - Term loan a grant, loan, or tax credit?
Microcrédit KRTB - Term loan is a Expert Advice