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Tourism Financing Assistance - Long Term Loan
Long-term financing for tourism operators
Last Update: May 29, 2026
Funding available
Varies by project
Timeline
- Open Date : July 9, 2024
Location
Prince Edward Island, Canada
Overview
Long-term financing is available for Prince Edward Island tourism operators to support business purchase, expansion, new construction, and fixed-asset improvements. The program may also finance tourism facilities, some debt restructuring, and seasonal operating capital in certain cases.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Varies by project
Timeline
- Open Date : July 9, 2024
Eligible candidates
Eligible Industries
- Arts, entertainment and recreation
- Accommodation and food services
Location
- Prince Edward Island
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Purchase of a tourism business.
- Expansion or new construction of tourism facilities.
- Refurbishment or improvement of tourism facilities.
- Projects that help extend the tourist season.
Eligibility
Who is eligible?
- Tourism operators in Prince Edward Island.
- Businesses with a valid tourism establishment license.
Who is not eligible
- Bed and breakfast operations.
Eligible expenses
- Purchase of machinery, equipment, real property, and buildings.
- Refurbishment, repair, and updating of fixed assets.
- Operating capital for seasonal start-up in some cases.
Ineligible Costs and Activities
- Vehicles that do not directly contribute to business income or sales.
Eligible geographic areas
- Prince Edward Island
Additional information
- Projects that extend the tourist season are strongly encouraged.
- Some loans may support debt restructuring.
- Operating capital may be available for seasonal start-up in the tourism sector.
Frequently Asked Questions about the Tourism Financing Assistance - Long Term Loan Program
Here are answers to the most common questions about the Tourism Financing Assistance - Long Term Loan. 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 Tourism Financing Assistance - Long Term Loan?
Long-term financing is available for Prince Edward Island tourism operators to support business purchase, expansion, new construction, and fixed-asset improvements. The program may also finance tourism facilities, some debt restructuring, and seasonal operating capital in certain cases.
Who is eligible for the Tourism Financing Assistance - Long Term Loan program?
To be eligible for the Tourism Financing Assistance - Long Term Loan program, you must:
Prince Edward Island tourism operators.
Valid tourism establishment license required.
Project must meet rating requirements.
What expenses are eligible under Tourism Financing Assistance - Long Term Loan?
Purchase of a tourism business.
Expansion or new construction of tourism facilities.
Refurbishment or improvement of tourism facilities.
Projects that help extend the tourist season.
Who can I contact for more information about the Tourism Financing Assistance - Long Term Loan?
You can contact Government of Prince Edward Island (PEI).
Where is the Tourism Financing Assistance - Long Term Loan available?
The Tourism Financing Assistance - Long Term Loan program is available the province of Prince Edward Island.
Is the Tourism Financing Assistance - Long Term Loan a grant, loan, or tax credit?
Tourism Financing Assistance - Long Term Loan is a Loans and Capital investments
Who are the financial supporters of the Tourism Financing Assistance - Long Term Loan?
Tourism Financing Assistance - Long Term Loan is funded by Government of Prince Edward Island (PEI), Finance PEI