Type of Program:
The CEED Impact loan helps foster small and medium-sized businesses. Entrepreneurs of all ages can apply for a business start-up loan. Low-interest loans of up to $25,000 are available, with flexible repayment terms and no penalty for early repayment of the principal.
Comments on Funding:
Funding ranges from $5,000 to $25,000 with a low interest rate of Prime + 2%, low principal payments and no penalty for early repayment.
All $5,000 loans are interest free for 6 months.
Up to $60,000 of Additional Funding Available Through CEED’s Community Partners.
When It Ends:
The applicant must:
Applicants must call CEED at 902-421-2333 or send them an email at email@example.com for further details.
Other Things to Note:
CEED Programs are delivered in partnership with ACOA and the Province of Nova Scotia.