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
Selection criteria
- Business viability and sustainability.
- Quality of the entrepreneur's profile and business skills.
- Completeness of the business plan and financial forecasts.
- Availability of required permits.
- Limited access to traditional financing.
How to apply
- Step 1: Contact an advisor
- Discuss your project and check whether it may be eligible.
- Schedule a meeting with the organization.
- Step 2: Prepare your file
- Prepare a complete business plan.
- Prepare financial forecasts and supporting information.
- Gather the required permits and project details.
- Step 3: Submit your request
- Send your financing request to Microcrédit KRTB.
- Provide the information needed for the review of your application.
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
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 (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