MRC Beauce-Sartigan — Community Credit Fund (CCF)

The MRC Beauce-Sartigan Community Credit Fund (CCF) provides financial assistance with specific terms to support individuals who are unable to access traditional credit sources for launching their business projects. These financing modalities ensure accessible and affordable options for eligible participants.

• A maximum loan amount of $3,000 is offered.
• The interest rate is set at 2%.
• The amortization period extends up to a maximum of 5 years.

Eligibility for this grant is determined by specific requirements related to the applicant's profile and capacity to operate the proposed business full-time.

• The applicant must be at least 18 years old.
• The applicant must possess expertise or training relevant to the business project.
• The applicant must commit to working full-time in the business, defined as a minimum of 35 hours per week.
• The applicant must not be eligible for traditional credit to start the business.

Who is eligible?

To be eligible for the Community Credit Fund, applicants must be at least 18 years old, possess relevant expertise or training for their project, be committed to working full-time in their business (minimum 35 hours per week), and not qualify for traditional credit for starting their business.

Here are additional relevant details for this financial programme:

• Potential applicants should consult with a counselor at the Conseil économique de Beauce for personalized guidance before applying.
• Final loan conditions may be subject to further negotiation or adjustments in discussion with the Conseil économique de Beauce.