Réseau des SADC et CAE — Prêts ### 📋 Eligible Entities - Small and medium-sized enterprises (SMEs) operating in Quebec - Sole proprietors and self-employed individuals - Partnerships (general and limited) - Corporations (private and cooperative) - Social enterprises and non-profit organizations engaged in commercial activities - Businesses located in SADC (Société d'aide au développement des collectivités) or CAE (Centre d'aide aux entreprises) service territories - Enterprises unable to obtain financing through traditional banking channels - New and established businesses meeting underwriting criteria ### 💰 Funding Details - Loan amounts: Typically $5,000 to $250,000+ (varies by territory and business needs) - Interest rates: Competitive rates, often below market rates; rates determined case-by-case - Repayment terms: Flexible repayment schedules (generally 3–10 years depending on loan purpose and cash flow) - Matching requirements: No formal matching requirement; however, applicants may be required to contribute personal equity or capital - Guarantee: Government-backed loan guarantees reduce lender risk; personal guarantees may be required - Repayability: Full repayment required; loans are not forgivable grants ### 🛠️ Approved Expenses - Business acquisitions (purchase of existing businesses) - Startup costs (initial capital for new ventures) - Asset purchases (equipment, machinery, vehicles, technology) - Modernization and renovation (facility upgrades, infrastructure improvements) - Expansion projects (scaling operations, opening new locations) - Innovation initiatives (product/service development, process improvements) - Sustainable development projects (green technology, environmental compliance) - Business succession and transition planning (management buyouts, ownership transfers) - Working capital (inventory, accounts receivable financing) - Technology adoption (software, digital infrastructure, e-commerce platforms) ### ⚠️ Conditions & Milestones - Application submission: