The SADC Côte-Nord supports and finances business development in the region. WE offer a coaching service for entrepreneurs, as well as several financial assistance programs for job creation, maintenance of development through business start-up, acquisition or expansion projects.

A LOAN OF
$5,000 to
$40,000

4,45% 
Interest payment holiday for the first 24 months
5 years payment term
25% is non-refundable if paid in full before December 31st, 2022

For the creation, acquisition, expansion or modernization of a business in our territory.

MAXIMUM LOAN OF
$300,000

Maximum term : 15 years

To encourage young promoters aged from 18 to 39 to chose entrepreneurship in their region as their career.

PERSONAL LOAN OF
$5,000 to
$25,000 

24-months INTEREST EXEMPTION
Maximum term : 7 years

All projects, from harvest to processing Local Products
MAXIMUM LOAN OF
$300,000 
Up to 12-months GRACE PERIOD ON PRINCIPAL and/or FLEXIBLE REPAYMENT
Maximum term : 15 years

A short-term loan for existing PMEs that have been in operation for at least three years.
MAXIMUM LOAN OF
$ 150,000
GRACE PERIOD up to 3-months
Maximum term : 2 years

This loan is specifically designed for promoters who would like to acquire an existing business.
MAXIMUM LOAN OF
$ 300,000
GRACE PERIOD ON THE PRINCIPAL up to 6-months
Maximum term : 10-years

For projects that demonstrate sustainable development or innovation approach.
MAXIMUM LOAN OF
$250,000
PRIME RATE
Maximum term : 15 years

This loan serves to improve SME productivity, effectiveness, profitability ans competitiveness through the adoption of information and communication technologies (ITCs). This product is offered in collaboration with the Business Development Bank of Canada (BDC).

MAXIMUM LOAN OF
$ 50,000
Maximum term : 4 years

Mesures d’interventions locales | MIL

CAN COVER UP TO
90 %
OF SPECIALIZED PROFESSIONAL FEES

For private corporations and for profit organizations

MIL targets the following stakes:

  • Innovation;
  • Succession and business transfert;
  • Sustainable development;
  • ICT’s integration and e-commerce;
  • Female entrepreneurship;
  • Native entrepreneurship.

For more information on our financial assistance programs :

Gabrielle Guérault | Business Development Officer
gguerault@sadccote-nord.org
418 962-7233 extension 102 | 1-877 962-7233