SADC Lac-St-Jean Ouest — Regular loan
Last Update: June 23, 2025
QC, Canada
Business funding for development, innovation, and job creation
SADC Lac-St-Jean Ouest — Regular loan at a glance
Eligible Funding
- Max. $150,000
Timeline
- Continuous Intakes
Financing Type
Loans and Capital investments
Eligible Industries
- All industries
Grant Providers
- SADC Lac-St-Jean Ouest
Status
Open
Overview of the SADC Lac-St-Jean Ouest — Regular loan program
The SADC Lac-St-Jean Ouest Regular Loan provides funding of up to $150,000, with an exceptional extension to $300,000, to support business acquisition, modernization, startup, or relocation projects. This program aims to foster diversification, innovation, and employment growth in the MRC Domaine-du-Roy region.
Financing terms and conditions
- Business loans up to a maximum amount of $150,000, exceptionally up to $300,000.
- Loans provided for a maximum period of 10 years.
Eligible projects & activities
- Business acquisition projects.
- Modernization of company operations.
- New business start-ups.
- Business relocation initiatives.
Examples of admissible projects:
$ 150,000
Launching a tech incubator to support local startups
$ 65,000
Creating an educational program for sustainable urban development
$ 100,000
Developing renewable energy solutions for local communities
$ 60,000
Launching an organic farm cooperative for sustainable agriculture
$ 90,000
Establishing a community arts center for local artists
$ 300,000
Building an eco-friendly tourism resort in a natural setting
Eligibility criteria of the SADC Lac-St-Jean Ouest — Regular loan program
- The applicant must be an existing or new business.
- The business must be carrying out a project related to acquisition, modernization, start-up, or relocation.
- The business or project must be located within the territory of the MRC Domaine-du-Roy.
- The project should support diversification, innovation, growth, or job creation and maintenance in the region.
Who is eligible?
- Existing businesses located in the MRC Domaine-du-Roy
- New businesses established in the MRC Domaine-du-Roy
Eligible expenses
- Business acquisition costs
- Expenses related to modernization initiatives
- Costs associated with business start-up
- Expenses for business relocation
Eligible geographic areas
- Businesses located within the MRC Domaine-du-Roy territory (Lac-St-Jean Ouest region).
How to apply to the SADC Lac-St-Jean Ouest — Regular loan program
- Step 1: Initial Contact and Needs Assessment
- Contact the SADC Lac-St-Jean Ouest to discuss your financing needs for acquisition, modernization, start-up, or relocation projects.
- Present an overview of your business and project to receive guidance on eligibility and support available.
- Step 2: Application Preparation
- Prepare the necessary documentation regarding your business and project, as requested by the SADC professionals.
- Work with SADC advisors to tailor your application, including business plans and financial projections.
- Step 3: Submit Loan Application
- Submit your completed application and all supporting documents directly to the SADC Lac-St-Jean Ouest.
- Step 4: Follow-Up and Evaluation
- Participate in a personalized review process conducted by SADC professionals to evaluate your project and financial needs.
- Provide any additional information requested during the evaluation period.
- Step 5: Loan Approval and Personalized Support
- If approved, receive the loan offer with tailored terms and reimbursement modalities.
- Benefit from ongoing personalized support and follow-up by SADC professionals throughout the duration of the loan.
Additional information
- Personalized support and rigorous follow-up are provided by SADC professionals during the entire loan period.
- Loan conditions, including repayment terms, are tailored to each business's specific needs.
- Interest rates are determined based on an assessment of the associated risk.
Apply to this program
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