You have a unique opportunity to access repayable financing of $150,000 or more for your business or social enterprise. This program is designed specifically for small and medium-sized enterprises like yours. It’s perfect for when other funding sources just aren’t enough. You can use the funds for expanding operations, purchasing equipment, or covering working capital expenses. What sets this program apart is the flexibility it offers, allowing you to choose between a loan, loan guarantee, or equity investment.

With no revenue requirements, this financing is accessible to businesses at any stage. This means you can focus on what matters most—growing your business—without worrying about whether you meet specific financial criteria. By being approved, you'll gain the support you need to fuel your growth and tackle challenges head-on. It’s easy to see how this could be a game-changer for your business.

Don't miss out on this chance to secure the funding that perfectly aligns with your needs. It's a straightforward process and well worth exploring!

The financing offered is repayable financing. This can come as a loan, a loan guarantee, or an equity investment. You'll receive an amount of $150,000 or more if other financing sources aren't enough to meet your needs.

Repayment Terms and Interest Rates

• Repayment Terms: The specifics around repayment will vary based on the financing type and your individual agreement. You'll want to ensure you understand the timeline for repayments before you proceed.
• Interest Rates: These will also depend on the type of financing. Make sure to ask about the rates to understand what it will cost you over time.

Eligible Expenses

You can use this financing for a range of business expenses. Typically, eligible expenses might include:

• Equipment purchases
• Working capital
• Operational costs

Restrictions and Fees

Funds cannot be used for personal expenses or investments unrelated to your business operations. Always double-check what is permitted.

Be aware that there may be fees associated with the financing. Ensure you review any service charges or administrative fees during your application process. It’s essential to keep this in mind as it affects your overall budget.

• Location: Business must be located in Ontario.
• Business Type: Must be an SME (Small and Medium-sized Enterprise) or social enterprise.
• Funding Amount: Must seek $150,000 or more in financing.
• Employees: No minimum or maximum number of employees required.
• Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None mentioned.

This program provides repayable financing of $150,000 or more tailored for your small or medium-sized business, or social enterprise. It aims to support you when other funding options just don’t meet your needs. You can receive this amount in the form of a loan, loan guarantee, or equity investment, giving you flexibility in how you use it.

The money you receive can be utilized for various purposes, such as expanding operations, purchasing equipment, or even covering working capital expenses. The terms are designed to accommodate your business's unique situation, ensuring you have the support necessary to thrive.

One of the best parts? There are no minimum or maximum revenue requirements to worry about, making this funding accessible for businesses of all sizes. This amounts to a real opportunity to secure the funding you need to move your business forward.