Funding
Here you will find all the details about our advantageous financing options, suitable for all types of businesses.
Don’t hesitate to contact one of our advisors for more information!
Term loans
The SADC provides SMEs with flexible financing of up to $300,000, which can be used for:
• Acquiring fixed assets;
• Improving, modernizing, or expanding facilities;
• Acquiring a business;
• Rebuilding working capital.
This financial product can be combined with other products offered by the SADC, but the investment fund financing cannot exceed $300,000. Repayment terms are flexible and tailored to the specifics of each project. The applicable interest rate depends on the guarantees provided and the financial risk assumed by the SADC.
The SADC’s investment priorities are focused on businesses:
- Growing or demonstrating strong growth potential with good business prospects;
- Aligning with the SADC’s guidelines;
- Managed by an efficient and competent team;
- Presenting a financing plan or financial structure demonstrating the ability to successfully carry out the project.
Strategic Transfer Fund
Do you wish to acquire a business established in our community?
This financing will help facilitate the transaction, including the purchase of shares or assets. You can benefit from an amount of up to $50,000.
Your advantages:
- 0% interest for the first two years
- Financing between $10,000 and $50,000
- A minimum principal payment deferral of 3 months, with the possibility of additional deferrals
Eligibility criteria:
- The loan must aim to facilitate business succession, specifically for the acquisition of shares or assets.
- The targeted business must have been operational for at least 7 years.
- The buyer must maintain the same business activity as their predecessor.
- The loan must provide leverage and serve as an incentive for the project to be realized.
Green Strategy Fund
To accelerate the green transition of small businesses in the MRCs of D’Autray and Joliette by facilitating the adoption of eco-friendly practices or the implementation of clean technologies within companies, such as optimizing energy efficiency, managing residual materials, or reducing greenhouse gas emissions from SMEs.
Your advantages:
- 0% interest for the first two years
- Financing between $10,000 and $25,000
- Principal payment deferral for 3 months
- Amortization between 36 and 60 months
Eligibility criteria:
- Must have been operational for 3 years or more
- The project must facilitate the adoption of eco-friendly practices
Digital Strategy Fund
To accelerate the digital transition of small businesses, such as implementing management systems (CRM, ERP), automating processes, robotics, home automation, or optimizing cybersecurity.
Your advantages:
- 0% interest for the first two years
- Financing between $10,000 and $25,000
- Principal payment deferral for 3 months
- Amortization between 36 and 60 months
Main eligibility criteria:
- Must have been operational for 3 years or more
Youth Strategy
Fund Financing for young entrepreneurs aged 18 to 39 years
Do you have the boldness to start, acquire, or modernize a business? Are you between 18 and 39 years old?
The SADC Youth Strategy aims to reduce the exodus of young people to larger urban centers. The goal is to encourage the acquisition, establishment, expansion, or modernization of a business by young individuals, as well as to promote youth employability and highlight their social, cultural, and economic contributions to our communities.
Your project + loan + flexible repayment = engaged youth in our community.
Personalized follow-up for business development
Support services and rigorous monitoring will be provided throughout the duration of the loan.
• Personal loan ranging from $5,000 to $25,000;
• Repayable over a maximum period of 7 years;
• 24-month interest deferral;
• Possibility of capital payment deferral for a certain period;
• Unsecured loan;
• The possibility for two young entrepreneurs to each receive a loan for the same project.
Order funding
Need short-term financing? This type of financing is the perfect solution for short-term funding needs to seize a specific business opportunity.
Some large contracts require a significant investment of time and raw materials, not to mention the liquidity challenges. The SADC offers short-term financing to cover the expenses related to the completion of your project, including human and material resources.
Specialized research and development funds
This financial product enables SMEs to facilitate research and development while maintaining the liquidity needed for day-to-day operations.
The SADC offers funding of up to $150,000 to carry out research and development projects:
• When departments are involved in funding research and development projects;
• When claiming R&D tax credits.
SADC’s investment priorities focus on :
- Development of new products and services;
- The development of new technologies for production or product improvement;
- Implementation of new equipment and manufacturing processes;
- Projects managed by an efficient and competent team;
- Projects presenting a financing plan or financial structure demonstrating the ability to carry out the research and development plan.
Expertise at your service
Our team can support and advise you on all aspects of your business development. Don’t hesitate to contact us if you have any further questions!
