This program is tailor-made for businesses like yours that are eager to enhance tourist engagement. By applying, you can secure a loan or loan guarantee between $150,000 and $5 million, covering up to 60% of your project costs. This funding opens doors to develop new attractions, improve facilities, or expand services—all aimed at drawing more visitors to your area.

One key benefit is the lack of strict repayment terms. This flexibility allows you to focus on your project’s growth without the immediate pressure of paying back the loan. With this funding, you have an opportunity to contribute to the local economy, create jobs, and elevate your business's profile in the tourism sector.

Applying for this program is straightforward. Since there are no minimum revenue thresholds and it’s available to various sectors, you can feel confident that your business qualifies. This is your chance to tap into significant financing, enhance your offerings, and bring more tourists to your region.

The financing offered is a loan or loan guarantee ranging from $150,000 to $5 million. This can cover up to 60% of your project costs.

Repayment Terms

These loans typically have flexible repayment terms. You will want to check the specific interest rates when applying, as they can vary. However, they are generally designed to be affordable and manageable for businesses like yours.

Eligible Expenses

You can use the funds for various eligible expenses, including:

• Project development costs
• Equipment purchases
• Marketing efforts to attract tourists

Restrictions and Fees

The funds cannot be used for personal expenses or to pay down existing debt. Be aware of potential application fees or other administrative costs, but these will be clarified during the application process.

This financing is a great opportunity to elevate your business and expand its potential to attract more visitors!

• Location: The business must be located in a region of Canada.
• Funding Amount: The business can apply for a loan or loan guarantee between $150,000 and $5 million.
• Eligible Sectors: All sectors are eligible to apply.
• Employee Count: No minimum or maximum number of employees is required.
• Company Revenue: No minimum or maximum revenue qualifications apply.
• Legal Structure: All legal structures are acceptable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None specified.

You have the chance to receive a loan or loan guarantee ranging from $150,000 to $5 million. This funding can cover up to 60% of your project costs. By boosting your local tourist attractions, you can help draw in visitors from across Canada and beyond.

This program is designed to support projects in any sector and can significantly enhance your region’s appeal. The money you receive can be used for a variety of purposes, such as developing new attractions, improving facilities, or expanding existing services that cater to tourists.

Importantly, there are no strict payback terms specified, making this a flexible option for your business. This means you can focus on growing your project without immediate pressure to repay, allowing you to invest wisely and attract more tourists.