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SADC Lac-St-Jean Ouest — Transfer Strategy Fund - QC - Canada

SADC Lac-St-Jean Ouest — Transfer Strategy Fund

Last Update: July 22, 2025
QC, Canada
Helps facilitate SME transfers with beneficial financing options

At a glance

Eligible Funding
  • Max. $50,000
Timeline
  • Unspecified
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Funds Providers
Unspecified
Program status
Open

Overview

The SADC Lac-St-Jean Ouest — Transfer Strategy Fund offers financial assistance up to $50,000 to facilitate the transfer of SMEs for family succession or new acquisitions. The program provides a two-year interest-free period and a repayment moratorium on the principal for the initial three months, with a possible extension up to two years.

Financing terms and conditions

  • Loan of up to $50,000 per project.
  • Interest-free period for the first 2 years.
  • Capital repayment moratorium for the first 3 months, extendable up to 2 years.
  • Maximum loan amortization period of 7 years.

Activities funded

  • Business succession through family transfer.
  • Acquisition of an existing small or medium-sized enterprise (SME).

Eligibility

  • The applicant must be a small or medium-sized business (PME) seeking business transfer support.
  • The project must involve a business transfer, such as a family succession or a new acquisition.

Who is eligible?

  • Small and medium-sized enterprises (SMEs) seeking ownership transfer

Eligible geographic areas

  • Businesses located in the Lac-St-Jean Ouest region.

How to apply

1

Initial registration

  • Contact the SADC Lac-St-Jean Ouest organization to obtain information about the Transfer Strategy Fund.
  • Check your eligibility for the funding program.
2

Preparation of the application file

  • Develop a transfer plan for your business, whether it involves a family succession or a buyout.
  • Gather all necessary financial documents, including your recent financial statements and future projections.
  • Write a resume or biography of the key individuals involved in the transfer.
3

Submission of the request

  • Submit your complete file to SADC Lac-St-Jean Ouest through their preferred submission method, whether by email, mail, or in person.
  • Confirm that all sections of the application form have been duly completed.
4

Follow-up on the request

  • Wait for the confirmation of receipt of your request from the organization.
  • Contact SADC Lac-St-Jean Ouest for any questions or updates regarding your request.

Additional information

  • Interest-free period applies for two years following loan approval.
  • A moratorium on principal repayments is available for the first three months, with the possibility of extending up to two years.
  • Beneficiaries benefit from a competitive interest rate for the duration of the loan.
  • The maximum loan amortization period is seven years.
Apply to this program

Frequently Asked Questions about the SADC Lac-St-Jean Ouest — Transfer Strategy Fund Program

Here are answers to the most common questions about the SADC Lac-St-Jean Ouest — Transfer Strategy Fund. 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 SADC Lac-St-Jean Ouest — Transfer Strategy Fund?

How much funding can be received?

What expenses are eligible under SADC Lac-St-Jean Ouest — Transfer Strategy Fund?

What is the deadline to apply?

Is the SADC Lac-St-Jean Ouest — Transfer Strategy Fund a grant, loan, or tax credit?

Who are the financial supporters of the SADC Lac-St-Jean Ouest — Transfer Strategy Fund?

Who is eligible for the SADC Lac-St-Jean Ouest — Transfer Strategy Fund program?

Who can I contact for more information about the SADC Lac-St-Jean Ouest — Transfer Strategy Fund?

Where is the SADC Lac-St-Jean Ouest — Transfer Strategy Fund available?

Apply to this program

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