{"id":24954,"date":"2017-09-19T16:26:16","date_gmt":"2017-09-19T16:26:16","guid":{"rendered":"https:\/\/felaurentides.org\/en\/?page_id=24954"},"modified":"2019-11-20T10:59:59","modified_gmt":"2019-11-20T15:59:59","slug":"loans","status":"publish","type":"page","link":"https:\/\/microentreprendrechl.com\/en\/loans\/","title":{"rendered":"Loans"},"content":{"rendered":"

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Loans<\/span><\/h1>
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Financing<\/strong> <\/span><\/h2>[vc_column_text]<\/p>\n
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The Fonds d\u2019Emprunt can advise you in assessing your needs, accompany you in improving your business plan, updating your financial forecasts, seeking funding, and accompanying you throughout your business start-up.<\/p>\n

The loans are for people 18 and older who do not have access or have limited access to traditional sources of financing for start-up or consolidation of businesses. The business must have its registered office in the territory of the following RCMs: Antoine-Labelle, Argenteuil, Laurentides, Pays-d\u2019en-Haut & Rivi\u00e8re-du-Nord.<\/p>\n

Le Fonds d\u2019Emprunt grants two types of loans:<\/strong><\/em><\/p>\n

\u201cNanopret<\/em>\u201d: Loans between $ 500 and $ 2,000, Reimbursement period: 1 year (12 months).<\/p>\n

\u201cMicrocredit<\/em>\u201d: Loans over $ 2,000 up to $ 20,000 per person (special case) per project and could go up to $ 40,000 if more than one owner in the company. Reimbursement period: 3 to 5 years (36 to 60 months).<\/p>\n

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[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_column_text]Both types of loans must be used to start or expand a business. Loans may be used for working capital, fixed assets, advertising or other specific financial needs. Submissions will be sought to justify the funded items.<\/p>\n

Accessibility Criteria:<\/p>\n