Up to $150,000 loan for implementing new technologies and increase busines productivity in Atlantic Canada

Community Business Development Corporations - CBDC Innovation Loan

Type of Funding

Loan

Max Funding

150,000.00

Region

Atlantic Canada

Application Difficuty

Average

Processing Time

Slow (A few months)

Province

Nova Scotia
New Brunswick
Prince Edward Island

Industry

N/A

Funding Goals

Increase productivity/quality/safety and/or efficiency.
RnD/Innovation/Develop a product or service.

Demographic

N/A

Incorporated

Yes

Contact

1-888-303-2232

Get A Fast Business Loan

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

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

Details

Financing for acquisition of equipment, software, processes or licenses, and other new technologies to improve business operations.

Eligibility

Rural based businesses across Atlantic Canada meeting the following criteria may qualify for CBDC's Innovation Loan: Available to new and existing entrepreneurs;
Both the business and the borrower must be located in rural areas; Year-round and seasonal businesses are acceptable. The business should have a realistic prospects of economic viability

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