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SADC Lac-St-Jean Ouest — Transfer Strategy Fund
QC, Canada
Helps facilitate SME transfers with beneficial financing options
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- SADC Lac-St-Jean Ouest
grant_single|status
grant_card_status|open
grant_single_labels|preview
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.
grant_single_labels|terms_and_conditions
The Transfer Strategy Fund by SADC Lac-St-Jean Ouest offers financing modalities designed to support small and medium-sized enterprises (SMEs) in the transition process, whether through family succession or new acquisition. The program provides advantageous financial terms to ensure a successful transfer.
- Loan amount up to $50,000.
- Two-year interest-free period.
- Principal moratorium for the first three months, with a possible extension up to two years.
- Favorable interest rates.
- Maximum amortization period of seven years.
grant_single_labels|admissibility
grant_eligibility_criteria|who_can_apply
This grant is available to small and medium-sized enterprises (SMEs) in Lac-St-Jean, Quebec, looking to facilitate the business transfer process, whether through family succession or new acquisition. The funding opportunity is aimed specifically at ensuring the continuity and sustainability of these enterprises during transitional phases.
grant_eligibility_criteria|zone
The grant's geographical eligibility is not explicitly stated, focusing instead on supporting transfer strategies for PME regardless of location.
