Working capital

150 000 $

Maximum contribution

Loan for companies with temporary liquidity needs for certain activities.

The working capital loan is designed for :

  • In situations of rapid growth in operations and rapid increase in sales/contracts, requiring a significant increase in working capital.
  • In a situation where you need to buy more stock for several contracts or seasonal traffic than usual

Specifications :

  • Minimum contribution of 5,000 $
  • Down payment: none
  • Term: Maximum 5 years
  • 6-month capital repayment moratorium at start of amortization period
  • Interest rate: Bank of Canada prime rate + 2% + risk premium
  • Guarantees: Equipment or customer account, personal or third-party guarantee
  • Full amount life insurance
  • Application fee: 150$
  • Management fee: 1% of the loan, minimum 100$
  • Annual follow-up fee: 50$
  • The company must have been in operation for at least 2 years

For more information on our financial products or our free advisory service for entrepreneurs, please contact one of our business advisors. 

Discover the other types of funds offered by SADC Matawinie

Supporting and accompanying entrepreneurs in their start-up and development projects

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We can offer you flexible financing solutions tailored to your reality