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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

SADC Lac-St-Jean Ouest — Transfer Strategy Fund at a glance

Eligible Funding
  • Max. $50,000
Timeline
  • Unspecified
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Grant Providers
  • SADC Lac-St-Jean Ouest
Program status
Open

Overview of the SADC Lac-St-Jean Ouest — Transfer Strategy Fund program

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.

Eligible projects & activities

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

Eligibility criteria of the SADC Lac-St-Jean Ouest — Transfer Strategy Fund program

  • 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 to the SADC Lac-St-Jean Ouest — Transfer Strategy Fund program

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

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