Growth, Acquisition and Transfer Loans

Administrator: EVOL
Source of Funds: Provincial Government, Canada
No Deadline
 
 

About

EVOL (formerly known as Femmessor) offers this loan to businesses undertaking succession, growth, acquisition or transfer projects. Entrepreneurs applying for a loan must be from a community that is under-represented in entrepreneurship (women, racialized people, immigrants, First Nations, Inuit, LGBTQ2+ community and people with disabilities) and own at least 25% of the shares and votes or provide a business plan to ensure that threshold is met in the future.

Quebec | Loans and Repayable Contributions | Government Loan with Interest (Government loan)

Funding Limits

Eligible Expenditures

  • Min $20,000
  • Max $450,000
  • Min 2 Years of Financial Assistance
  • Max 8 Years of Financial Assistance
  • Government Loan
  • Any
  • Application Fee: 350 CAD One-Time Fee

Contact Information

Guidelines and Forms

    Not Available

Website