Amount:$150,000.00 Type of Program:Investment, Loan, Loan Guarantee Description:The CBDC First-Time Entrepreneur Loan provides financing of up to $150,000 to new entrepreneurs who live in a rural community in Atlantic Canada. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and repayment terms. Financing may be term or…
Amount:$150,000.00 Type of Program:Loan Description:The CBDC General Business Loan provides financing to businesses in rural Atlantic Canada for a wide range of expenses including: start-up, land and buildings, fixed assets, machinery and other equipment, fixtures and furniture. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and…
Amount:$150,000.00 Type of Program:Loan Description:The CBDC Innovation Loan is designed to encourage business productivity and effectiveness in the communities of rural Atlantic Canada by advancing the adoption of technologies for business. New technologies may include existing methods that have been adapted or repurposed for commercial applications. The loan could also be used for financing for…
Amount:No Fixed Amount Type of Program:Loan Description:The CBDC Youth Loan Program provides financial assistance to young entrepreneurs aged 18-34 for business startup, expansion or modernization in rural Atlantic Canada. Comments on Funding:Funding is available in the form of a repayable loan with competitive interest rates and repayment terms. Financial options may include: demand and term loans,…
Amount:$150,000.00 Type of Program:Loan Description:The Social Enterprise Loan may be used to purchase machinery, equipment or other items necessary for continued business operations. Comments on Funding:Funding is up to $150,000 per eligible borrower.The loans are repayable and have competitive interest rates and repayment terms. When It Ends:Ongoing Deadline:Rolling DeadlineEligibility:The applicant must: be a new or existing…
