The Equipment and Technology Loan is a perfect fit for your business in the Longueuil region. With funding available up to $150,000, you can invest in crucial equipment and technology that will enhance your operations. This means you can purchase new or used machinery, buy software, or even cover training for your team. Think of it as a stepping stone to boosting your efficiency and ultimately increasing your bottom line.

One of the standout features of this loan is the flexible repayment terms. You may qualify for up to 24 months of deferred principal payments. This gives you the financial breathing room to grow your business without immediate pressure. Imagine focusing on what matters—innovating and expanding—without the weight of repayment hanging over you.

Applying for this program is straightforward. It’s designed for all types of businesses, no matter your sector. The support you’ll receive from this funding could make a real difference in your capacity to grow and compete. Don't miss out on this chance to elevate your business.

This financing comes in the form of a Loan. You can borrow up to $150,000 to invest in the equipment and technology that will help your business grow.

Repayment Terms:

• You may enjoy up to 24 months postponement on principal payments, depending on certain conditions.
• Interest rates are favorable, but specific rates may vary depending on your unique situation. This makes it easier for you to manage repayments as your business benefits from the new investments.

Eligible Expenses:

• Purchasing new or used equipment.
• Buying technology or software.
• Covering installation and delivery fees.
• Training costs related to using the equipment.
• Setting up a production area or improving productivity.

Ineligible Expenses:

• These funds cannot be used for routine maintenance or repairs of existing equipment.

Fees:

• There are no fees associated with this loan, making it even more appealing for business owners looking to invest without worrying about extra costs.

• Location: Must be based in the Longueuil region.
• Sectors: Open to all sectors.
• Employee Count: 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 stated.

This program helps you finance investments in equipment and technology for your business in the Longueuil region. You can receive up to $150,000 to cover various costs, such as purchasing new or used equipment, buying technology or software, and even training your team. The funding can also assist with installation expenses and setting up a productive workspace.

One of the great features of this loan is the flexible repayment terms. You may qualify for up to 24 months of deferred principal payments, which gives you time to get your business running smoothly before starting to repay. This allows you to focus on growth rather than immediate financial pressure.

Whether you're in manufacturing, retail, or any other sector, this funding option is designed to support all types of businesses. It provides a chance to enhance your operations, increase efficiency, and ultimately boost your bottom line.