Your local business partner
SADC has at its disposal an investment funds of more than 6 M$ in order to finance local entrepreneurs and small businesses located in MRC du Granit. Loans of up to $150,000 are available.
- Business takeover
We developed a product specifically designed for purchasing business shares or assets in order to boost entrepreneurial succession on our territory. The terms and conditions of this loan are adjusted for this issue; for example : it is possible to grant a moratorium on capital payments up to a 36 months period. - Facade restoring
We created a financial product specifically dedicated to facade restoring of commercial buildings in Lac-Megantic. This loan, covering renovation costs up to $35,000 (materials and labor), includes very attractive terms and conditions as well as competitive interest rate. - Youth Alternative
This loan, aimed at individuals aged 18 to 39, provides financial assistance of up to $50,000 to small businesses with the goal of creating or maintaining long-term jobs. The loan carries an interest rate at the Bank of Canada’s prime rate + 2%, with a capital moratorium of up to 24 months. - Craftsperson
We created a financial product especially designed for entrepreneurs in arts and crafts established in MRC du Granit. Loans of up to $25,000 are available to artisans who meet specific criteria and are linked to the local NPO Quartier Artisan.
Aimed at young entrepreneurs aged between 18 and 39 years-old, Youth Strategy offers flexible financing options whether it’s for starting up, support a growing business or taking over an existing company. From $5,000 to $ 25,000, this personal loan is combined with personalized support throughout the duration of the loan.
Legacy of the fund granted consequently to the train accident in July 2013 in Lac-Megantic, the Horizon funding was set up to support small businesses and sustainable economic development in the MRC du Granit. Complement to our other fundings, this exclusive funding offers favorable terms and conditions adapted to different business projects.
Transfer Strategy
This funding is dedicated to business transfer.
Digital Strategy
Whether it’s for implementing management systems, automating processes, robotics, home automation, or enhancing IT security, Digital Strategy funding supports entrepreneurs through this transition process.
Green Strategy
This funding aims at facilitating the adoption of eco-responsible practices or the implementation of clean technologies within businesses. For example : to optimize energy efficiency, manage waste better or reduce greenhouse gas emissions.
Applying to all above, loans vary from a minimum amount of $10,000 up to a maximum of $50,000. Interest-free for the first two years and three months capital deferral for the first three months with the option to extend up to two years.
