Business advisors and financial analysts are available to provide you with financial assistance tailored to your needs. Even more importantly, they can support you and provide you with the tools to help your business along on the road to success.
This assistance can be general in nature:
Advice on starting up and acquiring a business
Support and business guidance on how to start up your business
Help with finding solutions
It can also be more specific:
Assistance with financial projections
Support in seeking complementary financing or government assistance (subsidies)
Financial-situation analysis and explanation
Advice regarding the evolution of a business
For more information, call us at 819-849-3053, ext. 124
The Coaticook SADC offers financial products to help you make your business project a reality.
All SADC clients benefit from personalized follow-up throughout their loan term, in a context of utmost confidentiality.
Regular investment fund
Main uses of the fund:
This fund can be combined with other financial products
The repayment terms are flexible and adapted to the reality of each project
The applicable interest rate is determined according to the financial risk assumed by the SADC in the project
No penalty for early repayment
Being headquartered within the Coaticook MRC and having fewer than 200 employees
Demonstrating that the project will help create or maintain jobs in the Coaticook MRC
Being able to show that the project will have economic spinoffs for the region and the potential for profitability and viability
Youth investment fund
The objective of the Youth Investment Fund (Stratégie jeunesse) is to encourage young people ages 18 to 39 to start their own business. This is a unique and advantageous financial product, with personal loans ranging from $5,000 to $25,000. It is an important springboard for young entrepreneurs, enabling them to gather the financing they need to make their business project a reality. Since the fund’s creation in 1997, a total of nearly $2,560,000 has been disbursed in the region.
In addition to encouraging the acquisition, start-up, expansion or modernization of a business by one or more youths, the fund promotes young people’s employability and social, cultural and economic involvement in our community.
Personal loan ranging from $5,000 to $25,000
Loan repayable over a maximum term of 7 years
Interest-free for the first 24 months
File-opening fees: $75
Management fee of 0.95% of the amount granted
Interest rate determined according to financial risk
Do you have a business project in mind or would you like to obtain financing to increase your working capital, develop your markets, or purchase equipment? Fill out the online form to share your idea with us. We will get in touch with you to discuss it.