Up to $1 million loans for New Brunswick SMEs affected by COVID-19

Opportunities NB Working Capital Loans

Type of Funding

Loan

Max Funding

1,000,000.00

Region

Provincial

Application Difficuty

Average

Processing Time

Medium (A few weeks)

Province

New Brunswick

Industry

Other.

Funding Goals

Working capital.
COVID-19 Help.

Demographic

N/A

Incorporated

Yes

Contact

nav@navnb.ca
1-833-799-7966

Get a Fast Business/Personal Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours $5,000 to $50,000 No hidden fees No collateral Applying doesn’t impact credit score

Details

Loans for NB SMEs impacted by COVID-19 and operating in the following industry sectors: manufacturing and processing industries, information technology and related sectors, business-to-business service sectors engaged in export or import replacement activities, or cultural enterprises.

Eligibility

Company must be New Brunswick-based and have been in business for at least 24 months, and have financial statements to support the viability of the business before the COVID-19 crisis
Companies (proprietorships, partners or corporations) with no employees are not eligible.
Client must have been in good standing and current with their financial institutions, and government remittances prior to the COVID-19 pandemic, and have no prior history of bankruptcy or default.
Publicly traded companies are not eligible.

Similar funding programs

Loan
Financial assistance for New Brunswick SMBs impacted by the COVID-19 pandemic. Eligible small businesses include restaurants, seasonal tourism operators, service sectors, and self-employed business owners impacted directly by the pandemic.
Max Funding $100,000.00
Government of New Brunswick Small Business Emergency Working Capital Program

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