Transfer Strategy Fund

The Transfer Strategy Fund is financial assistance in the form of a loan for small businesses (fewer than 200 employees), aimed at helping them create and maintain long-term jobs in the community by supporting business succession or acquisition.

Terms:

• Loan ranging from a minimum amount of $10,000 to a maximum of $25,000.;
• 2-year interest-free period;
• Principal repayment moratorium during the first three months, with the possibility of extension up to six months.;
• Prime rate + 2%;
• Amortization over a period of 5 years, with the possibility of an exceptional extension up to 7 years.