The clientele of the Centre d’Aide aux Entreprises Memphrémagog (CAE) is aimed at businesses:
- From the manufacturing, technological, services, and distribution sectors
- That are administered by an efficient, competent, and dynamic management team
- That create and/or retain long-term jobs
- Which operate in a sector of growth
- That are in sound financial health or demonstrate good potential for development
Types of financial aid
A term loan financing is offered within the range of $20,000 to $125,000 per business.
Eligible expenses:
- Working capital
- Purchase of equipment
- Capital procurement
- Business acquisition
- Joint-venture investment
Advantages of doing business with CAE:
- Quick financial analysis
- Financing of up to $125,000
- Flexibility in terms of financing scenarios
- Financing for a period of up to 12 years
Supplementary financing to that offered by conventional financial institutions
- Possibility of capital moratorium
- Innovative financial solutions
- Experienced financial consultants at your disposal
- Our priority is to respect your vision; we take time to listen and understand your needs
Prerequisite:
Have a business plan and/or documents relative to a request for financial aid (earning forecasts).
Guarantees:
To obtain financial aid, guarantees will be required commensurate to our evaluation of the file and our level of participation within the project.
Financing for Succession
The Capital Fund for Business Succession
was created by the Government of Canada, through Canada Economic Development (CED), to support a purchaser who has obtained an investment proposal from a recognized venture capital firm but does not have sufficient equity to complete the financial package required.
With the objective of helping businesses and their decision-making centres remain in the regions where they are located, this Fund targets small to medium-sized businesses located in the Memphrémagog MRC, the region serviced by the Centre d'Aide aux Entreprises Memphrémagog inc.
For more information (terms and conditions):
Capital Fund for Business Succession
