Prêts généraux aux entreprises ### 📋 Eligible Entities - Small and medium-sized enterprises (SMEs) - Canadian businesses operating for a minimum period (typically 2+ years) - Businesses with positive cash flow or viable business plans - Sole proprietors and partnerships - Corporations (private and public) - Agricultural businesses - Manufacturing and service sector companies - Retail and wholesale operations Note: Businesses must demonstrate creditworthiness and ability to repay; some restrictions may apply to specific sectors or startup-stage companies. ### 💰 Funding Details - Maximum Loan Amount: $1,250,000 CAD - Loan Type: General business loan (debt financing, not a grant) - Repayment Structure: Amortized over typical terms (5–10 years depending on asset type) - Interest Rates: Competitive rates based on creditworthiness and market conditions - Security: May require collateral or personal guarantees - No Matching Requirement: Full amount borrowed; no mandatory co-investment required ### 🛠️ Approved Expenses - Purchase of equipment and machinery - Working capital and cash flow needs - Inventory financing - Acquisition of existing businesses - Business expansion costs - Facility renovations or improvements - Technology and software systems - Operating capital for growth initiatives ### ⚠️ Conditions & Milestones - Business Plan Requirement: Detailed financial projections and viability assessment - Credit Assessment: Formal credit evaluation and approval process - Collateral/Security: Lender may require assets or personal guarantees - Repayment Timeline: Fixed repayment schedule with regular installments - Use of Funds: Money must be used for approved business purposes only - Financial Reporting: Ongoing financial statements may be required during loan term - No Personal Use: Funds cannot be used for personal or non-business expenses - Compliance: Borrower must maintain business licenses and comply with relevant regulations