Loans to PEI based businesses to purchase capital assets
Government of Prince Edward Island, Finance PEI - Manufacturing and Processing Assistance
Type of Funding
Loan
Max Funding
N/A
Region
Provincial
Application Difficuty
Complex
Processing Time
Slow (A few months)
Province
Prince Edward Island
Industry
N/A
Funding Goals
Buy or lease equipment or real estate/property.
Demographic
N/A
Incorporated
No
Contact
902-368-6200
financepei@gov.pe.ca
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
Financial assistance to purchase or refurbish capital assets in PEI.
Eligibility
Carries on business, or intends to carry on business, in the province, and operates a business that produces a product by mechanical method from a raw material that is altered to add value.
Similar funding programs
Loan
Small Business Term Loans, Recurring Term Loas and
Secured Business Loans for Canadian SMB for various purposes.
Max Funding $250,000.00
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Agricultural Development Board purchased land and then leased for 6 years for agricultural purposes. Entrepreneurs must purchase the land from ADB at the end of 6 years. Options to start a farm, purchase shares in farming businesses or land for farms in NB also available
Max Funding N/A
Government of New Brunswick, Department of Agriculture, aquaculture and fisheries - New Land Purchase Program
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Working capital loans, equipment acquisition loans plus loans for acquisition, construction and renovation of real estate assets.
Max Funding N/A
Patient capital loans from the Chantier de léconomie sociale Trust