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SADC Maria-Chapdelaine — Regular Fund Loan  - QC - Canada

SADC Maria-Chapdelaine — Regular Fund Loan

Last Update: January 24, 2025
QC, Canada
Tailored loan for business projects in Maria-Chapdelaine

SADC Maria-Chapdelaine — Regular Fund Loan at a glance

Eligible Funding
  • From $5,000 to $150,000
Timeline
  • Open Date : January 1, 2023
Financing Type
Loans and Capital investments
Eligible Industries
  • All industries
Grant Providers
  • SADC Maria-Chapdelaine
Status
Open

Overview of the SADC Maria-Chapdelaine — Regular Fund Loan program

The Prêt Fonds Régulier offers tailored loans up to $150,000 to support various business projects, intended to meet diverse entrepreneurial needs. Eligible activities include operating a viable business or executing a viable project within the MRC de Maria-Chapdelaine that creates or maintains employment, in compliance with SADC policies and subject to additional criteria and a positive viability analysis.

Financing terms and conditions

This financial assistance offers tailored loans to meet diverse business project needs, ensuring flexibility in funding amounts to suit various projects. The funding terms are designed to support entrepreneurs within the MRC of Maria-Chapdelaine with their business initiatives.
  • Custom loan amounts ranging from $5,000 to $150,000.

Eligibility criteria of the SADC Maria-Chapdelaine — Regular Fund Loan program

Eligibility for this grant is determined by specific criteria related to the location of business operation and the viability and impact of the project.
  • The entrepreneur must operate or plan to operate a business in the MRC de Maria-Chapdelaine.
  • The business must be viable or the project must demonstrate realistic prospects of viability.
  • The project must create or maintain employment.
  • The project must adhere to the policies of the SADC.

Eligible geographic areas

This funding opportunity is specifically available to businesses operated within a defined geographical area. This focus allows for fostering local economic development and job creation in the region.
  • Companies operating or planning to operate within the Maria-Chapdelaine Regional County Municipality (MRC) in Quebec, Canada.

How to apply to the SADC Maria-Chapdelaine — Regular Fund Loan program

1
Information search
  • Visit the website or contact the SADC in your area for complete details of the "REGULAR FUND LOAN" program.
  • Be aware of all eligibility criteria and requirements.
2
Preparation of the documentation
  • Prepare a detailed business plan demonstrating the viability of your project.
  • Gather financial documents such as financial statements, budget forecasts, and proof of job creation or maintenance.
  • Check the compliance of your project with the SADC policies.
3
Initial contact
Make an appointment to discuss your project with an advisor from the SADC to express your interest and receive guidance on submitting the application.
4
Submission of the application
  • Fill out the application form provided by the SADC, if there is one.
  • Submit all required documents directly to the physical or digital address of the SADC of the Maria-Chapdelaine MRC.
  • Respect the submission deadlines indicated by the SADC.
5
Acknowledgment of receipt
Receive an acknowledgment confirming the receipt of your request.

Additional information

Here are additional relevant details for this grant:
  • The loan is tailored to the specific needs of the business projects, indicating flexible terms based on project requirements.
  • Funding decisions are contingent upon a positive analysis demonstrating project viability, suggesting an involved review process.
  • The loan terms and restrictions may vary, implying careful review of the grant's terms and conditions is necessary.

Apply to this program

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