Get up to $15,000 in financing at 5.5% interest over 3 years to get your business ready for summer!
Financing approvals based on the completion of a detailed loan application, business plan and due diligence. Interest rates based on risk assessment and credit history.
Are You Eligible?
*You are a new or existing business located in Prince Edward or Lennox & Addington County.
*You are the owner on record.
*The funds will assist with new staff, inventory, building infrastructure or capital equipment.
*For more information on this and other programs visit www.pelacfdc.ca
Prince Edward/Lennox & Addington Community Futures Development Corporation (PELA CFDC) is a community based non-profit corporation aimed at encouraging local entrepreneurship and economic development. Along with grants and loans PELA CFDC provides advice and business planning free of charge.
PELA CFDC works closely with communities to assess local challenges, and to look at new ideas and opportunities that could strengthen their economies. PELA CFDC has teamed up with Queens University and formed the PELA Institute for Rural Economic Development which provides a place for communities and academics to come together to share research on various topics that affect the local economy. To learn more visit www.pelaird.ca
Please visit their website www.pelacfdc.ca often and sign-up for their monthly e-newsletter to stay informed about their programs, services, and events.
Need help connecting your business to the right resources? Contact the Community Development Department email@example.com 613.476.2148 x709. We are here to help.