How much funding can be received?

Funds up to 50000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

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

SADC Lac-St-Jean Ouest — Transfer Strategy Fund is funded by SADC Lac-St-Jean Ouest

What are SADC Lac-St-Jean Ouest — Transfer Strategy Fund's eligibility criterias?

Small or medium-sized enterprise (SME) Business undergoing family succession or new acquisition

SADC Lac-St-Jean Ouest — Transfer Strategy Fund

Last Update: June 23, 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

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 — 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

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.

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.

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.

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