Financing

business financing

Bernard Arsenault, Co-owner of Insulfloor

Are you looking for funding for your business?

The SADC Papineau invests in the territory’s businesses by offering loans of up to $400,000*. These loans may be used for creating, acquiring, expanding, modernizing or restructuring businesses in the SADC Papineau’s territory.

* $150,000 come from the SADC Fund and are combined to $250,000 from the BDC.

What can we finance?

  • Business start-up;
  • Expansion (purchase of a business);
  • Modernization;
  • Restructuring;
  • New or used equipment;
  • Buildings;
  • Working capital;
  • Rolling stock;
Funding for businesses

Technical and financial support

  • Maximum investment of $400,000 by business in the form of loans;
  • Assistance to the developers in the preparation of their business project;
  • Flexible repayment terms tailored to your needs;
  • Follow-up with the client’s business.

Eligibility criteria

  • Starting or owning a business, the headquarters, main activities and jobs of which are on the territory served by the SADC Papineau Inc.;
  • Being a for-profit business;
  • Demonstrate a potential of economic development and viability;
  • Having equity deemed satisfactory;
  • Demonstrate sound financial management.
 Jean-Denis Deschênes

Jean-Denis Deschênes
Financial Analyst
819 986-1747 ext. 202
jddeschenes@sadcpapineau.ca

Funding for businesses
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