Transfert Strategy fund
For businesses undergoing transition or succession
Is your business in a phase of transition or succession? The TRANSFER Fund is here to SUPPORT YOU!
Benefit from a loan ranging from $20,000 to $50,000
Eligibility Criteria:
- Transfer of at least 25% of shares
- Business located in the agglomeration of Longueuil, MRC Marguerite- D’Youville or Vallée-du-Richelieu
- In operation for at least 3 years
- Minimum of 3 permanent jobs
- Fewer than 200 employees
Financial Terms:
- 2 year interest holiday
- 3 month principal deferral
- Repayment period of up to 5 years