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
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
Loan
Loans starting from $10,000 for Canadian SMBs for large expenses of asset acquisition.
Max Funding N/A
CIBC - Business Loans
Loan
Financial assistance for PEI business acquisition or expansion, new constructions and debd consolidation.
Max Funding N/A
Government of Prince Edward Island, Finance PEI - Small Business Assistance