FINANCING

Whether your projects are small or larger, our professionals offer solutions and tools for your business. SADC Îles-de-la-Madeleine meets your needs by offering specialized services ranging from analyzing business plans to financing. You will be guided throughout the process.

You want to acquire, develop, carry out the expansion or modernization of a company ? Opt for the Regular investment fund ! 

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Advantages of the loan

• Loan up to a maximum of  $ 300, 000

• Competitve interest rates

• No penalty for early repayment

• Flexibility in terms

• Supplementary  funding to the financial institutions

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Eligibility Criteria

• The project must take place within the  territory the SADC serves

• The project must be in an area of activities corresponding to the development guidelines adopted by the community

• The project is expected to create or maintain jobs

• The project's profitability prospects as well as the company's repayment capacity must be demonstrated

You are an entrepreneur between 18 and 39 ?  The Youth Fund is for you !

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Advantages of the loan

• Personal loan between  $ 5,000 and $ 50,000 per entrepreneur

• Possibility of funding  two young entrepreneurs  per business : up to  $ 100,000 in funding

• Possibility of  deferral of capital repayment for 2 years

• Amortization over 7 years

• Competitive interest rates

• Flexible repayment terms and without penalty

• Personalized follow-up and support activities to developers

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Eligibility Criteria

• Be an entrepreneur between 18 and 39 years

• Have a start-up,  acquisition, modernization or business expansion  project

• Demonstrate entrepreneurial skills and management capacity

• Demonstrate the project's profitability prospects and the company's ability to repay

• Have a positive impact on employment

You have a business acquisition project ? Business succession fund has lots to offer you !

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Advantages of loan

• Personal loan between  $ 5,000 and $ 40,000  per entrepreneur

• Possibility of funding  three young entrepreneurs  per business : up to  $ 90,000 in funding

• Deferral of capital repayment for 2 years

• Amortization over 8 years

• Competitive interest rates

• Flexible repayment terms and without penalty

• Personalized follow-up and support activities to developers

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Eligibility Criteria

• Business acquisition project

• Following financing, the developer must work full time in the business and hold decision-making power

• A contract agreeing upon the withdrawal of the owner must be drawn up at the time of the acquisition of the business

• Demonstrate the project's profitability prospects and the company's ability to repay

You want to integrate sustainability in your business practices?  The Sustainable Development Fund's main objective is to financially support businesses in their project in the implementation of sustainable development initiatives.

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Advantages of the loan

• Loan up to a maximum of $ 300,000

• Deferral of capital repayment for 12 months

• Maximum amortization period of 10 years

• Competitive Interest Rates

• Non-refundable contribution up to $ 2,000 for specialized professional services

• Deferral of capital repayment for 12 months
   

Eligibility criteria

Submit a project that meets the criteria for sustainability allowing to (among others)

• Promote better waste management

• Buy equipment that pollutes less and uses less energy

• Improve a building to reduce energy costs

• Develop an environmentally responsible product

• Demonstrate the project's profitability prospects as well as the company's repayment capacity.