Financing
The
CAE
des Basses-Laurentides offers flexible financial products adapted to the specific needs of SMEs
Financial aid from
CAE
des Basse-Laurentides ranges from $50,000 and $500,000 according to the type of project. These are short-term loans that must be repaid between 6 months and 5 years. Each application must be accompanied by the company's financial statements and a personal bond. Loans are charged of the total investment in study fees. The interest rate is set according to the dossier.
Research and Development Funds
Up to 75% of the refundable tax credits for SR&ED
Support:
-
Businesses who want to finance all or part of their scientific research and experimental development (SR&ED) projects in order to market their product or service more quickly.
Prerequisites:
-
The obtaining of an estate mortgage of first priority on the SR&ED tax credit of the financed year.
-
A loan guarantee from Investissement Québec for any future SR&ED financed tax credits.
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Loan repayment at the reception of tax credits.
Order Financing Funds
Up to $150,000 per enterprise
Support:
-
Businesses who are looking for temporary financing of salaries and/or the purchase of raw material necessary for filling a specific order.
Prerequisites:
-
The enterprise must be in at least its second year of operation, profitable and growing.
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The loan must be authorised by the client's bank and the client must relinquish their claim priority for the accounts receivable for this order only.
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The loan must be repaid in total when the client's payment is received.
The Capital Funds for Business Succession
Ranging from $125,000 to $500,000 per project
Support:
-
Business successions through interest-free loans. This fund aims to maintain employment and decision-making in the region of the Basses-Laurentides.
Prerequisites:
-
The project must involve the participation of four partners : the buyer, the Succession Fund, the CAE des Basses-Laurentides, and a venture capital corporation.
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A minimum investment of $125,000 from the buyers.
Start-up Funds
Up to $150,000 per enterprise
Support:
-
The start-up of major job-creation projects by complementing the traditional lenders.
Prerequisites:
-
Minimum investment of 20% of the total project costs by the promoter.
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Presentation of a detailed business plan.
Global Funds
Up to $150,000 per enterprise
Support:
-
Businesses who want to finance all or part of their projects with the help of supplementary financing. This fund may be used for working capital, purchasing inventory, equipment, and/or capital property.
Prerequisite:
-
A detailed financial plan.
Consulting services of CAE des Basses-Laurentides
- Assistance in developing projects.
- Management consulting.
- Support for preparation of financial forecasts.
- Support in researching financing.
- Help in business plan preparation.
- Referrals to appropriate resources.
- Search for financial partners.