This program is designed for businesses like yours, offering flexible financing solutions to help you grow and succeed. Whether you need funds for purchasing machinery, expanding your facilities, or entering new markets, this program can provide the support you need. With loans at competitive rates and loan guarantees, you can secure the financing necessary to bring your projects to life.

What You Get:

• Up to 100% of project costs covered, allowing you to keep your liquid assets for ongoing operations.
• Short- or long-term financing options (up to 25 years) tailored to match the life of your assets.
• Possible deferral of principal repayment for up to 24 months, giving you the flexibility to manage your cash flow effectively.

By applying for this program, you can ensure your business has the financial backing to innovate, expand, and thrive. The application process is straightforward, and most projects are eligible, making it an accessible option for your business needs.

Type of Financing: Loan

Repayment Terms and Interest Rates:

• Competitive interest rates.
• Flexible terms tailored to your needs.
• Short- or long-term financing options available, up to 25 years.
• Possible deferral of principal repayment for up to 24 months.

Eligible Expenses:

• Purchase of machinery or equipment.
• Expansion, construction, or modernization of a building.
• Entry into a new market.
• Refinancing.
• Financing of tax credits.
• Business succession or transfer by means of share acquisition.
• Merger or acquisition.
• Acquisition of intangible assets (trademarks, patents, etc.).
• Working capital.
• Marketing of products or services.
• Exporting.
• Innovation.

Ineligible Expenses:

• Activities in agriculture (unless not eligible for La Financière agricole du Québec programs).
• Finance and insurance sectors.
• Real estate (some activities excluded).
• Retail sales and comparable activities.
• Other sectors with a client base primarily of individuals, except for tourism.

Fees:

• No specific fees mentioned. Security may be required.

• Must be a business operating in Québec.
• Must be a business that is not eligible for programs offered by La Financière agricole du Québec if in the agriculture sector.

Disqualifications:

• Businesses in the agriculture sector (unless not eligible for La Financière agricole du Québec programs).
• Businesses in the finance and insurance sector.
• Businesses in the real estate sector (some activities are excluded).
• Businesses in the retail sales and comparable activities sector.
• Businesses in sectors where the client base is primarily individuals, except for tourism.

This program offers your business loans at competitive rates and loan guarantees. You can get financial help for projects like buying machinery, expanding your building, or entering new markets. The program can cover up to 100% of your project costs, allowing you to keep your cash flow for daily operations.

You have the flexibility to choose between short-term or long-term financing, with terms up to 25 years. You can also defer principal repayments for up to 24 months, giving you more breathing room as your project gets underway.

The funds can be used for various purposes, such as purchasing equipment, refinancing, or even acquiring intangible assets like trademarks. This program is designed to meet your specific needs, offering a tailored financial product to help your business grow.