SADC des Laurentides

Financing

Investment Fund

Youth Strategy Fund

E-Commerce

Innovation

Succession

Eligibility and Documents

Business Clients

Fast-track funding for applications of $50,000 and under!

For all financing options, the SADC offers fast-track funding for applications of $50,000 and under. Simply complete the financing request form and your application will be processed quickly.

Investment Fund

Along with funding, the SADC des Laurentides offers coaching and support to maximize your chances of success.

Our funding is accessible, covers the majority of business projects and is tailored to meet the individual needs of each entrepreneur.

See terms and conditions

Services designed to support
modern entrepreneurs

Youth Strategy Fund

This loan covers most business projects and is tailored to the individual needs of entrepreneurs aged 39 years and under.

See terms and conditions

Youth Strategy Fund

This loan covers most business projects and is tailored to the individual needs of entrepreneurs aged 39 years and under.

See terms and conditions

Digital development

This loan aims to facilitate the digital transition of businesses in the region by providing access to fast, flexible and simple financing.

See terms and conditions

Innovation

This loan aims to promote innovation projects by providing access to quick, flexible and simple funding.

See terms and conditions

Succession

This loan aims to promote the transfer of businesses by financing the acquisition of shares or assets by the entrepreneur.

See terms and conditions

General Eligibility Criteria and
Required Documentation

General Eligibility Criteria

Promoter must be 18 years or older, a Canadian citizen or permanent resident;
Business must demonstrate viability, profitability and the capacity to repay;
Project must demonstrate a positive economic impact on its results;
Borrower must demonstrate a conclusive credit history;
Project must occur within the SADC territory, that being within MRC des Laurentides and the MRC des Pays-d’en-Haut;
A document outlining project objectives and related costs must be provided for the SADC to consider the request;
Open to SME, cooperatives and worker-shareholder cooperatives as well as non-profit organizations.

Primary Documentation Required

SADC Funding Application Form;
Click here for the form →
Financial statements from the last 2 years
Current internal financial statements;
Personal balance sheets for shareholders;
Click here for the form →
The SADC will analyze shareholder credit records.

For more information, please contact:

Sylvie Gauvin

450-229-3001 ext. 23
sgauvin@sadclaurentides.org

Stay up-to-date!

To contact us:

1332 Sainte-Adèle Boulevard, suite 230

Sainte-Adèle, Quebec J8B 0J7

Telephone: 450 229-3001
Fax: 450 229-6928
Toll-free: 1 888 229-3001

Email: info@sadclaurentides.org

Youth Strategy Fund

Term loan ranging from a minimum of $5,000 up to a maximum of $25,000;
Interest rate based on the Bank of Canada prime rate plus 4%;
Down payment: flexible, depending on the type of project and guarantees;
Interest-free and capital-free repayment period for the first 6 months;
Maximum repayment term of 7 years, depending on project and guarantee;
Guarantees: personal guarantee and life insurance. Other guarantees may be required;
Project evaluation fee of 1.5% of the loan amount requested, with a minimum of $250;
Annual administration fee of $100.

Youth Strategy Fund

Term loan ranging from a minimum of $5,000 up to a maximum of $25,000;
Interest rate based on the Bank of Canada prime rate plus 4%;
Down payment: flexible, depending on the type of project and guarantees;
Interest-free and capital-free repayment period for the first 6 months;
Maximum repayment term of 7 years, depending on project and guarantee;
Guarantees: personal guarantee and life insurance. Other guarantees may be required;
Project evaluation fee of 1.5% of the loan amount requested, with a minimum of $250;
Annual administration fee of $100.

E-Commerce

This loan aims to facilitate the digital transition of businesses in the region by providing access to fast, flexible and simple financing.

1. See terms and conditions

Term loan ranging from a minimum of $5,000 to a maximum of $25,000. Interest rate based on the Bank of Canada’s prime rate plus a minimum of 2%.
Down payment is flexible, depending on the project and guarantees.
Financing can be up to 100%, depending on the project.
Possibility of a capital repayment holiday up to a maximum of 6 months.
Maximum amortization of 3 years, depending on the project and guarantee.
Guarantees: personal guarantee and life insurance. Other guarantees may be required.
Application fee of 1.5% of the loan amount requested.
Annual management fee of $300.
No penalty for early repayment.

E-Commerce

This loan aims to facilitate the digital transition of businesses in the region by providing access to fast, flexible and simple financing.

1. See terms and conditions

Term loan ranging from a minimum of $5,000 to a maximum of $25,000. Interest rate based on the Bank of Canada’s prime rate plus a minimum of 2%.
Down payment is flexible, depending on the project and guarantees.
Financing can be up to 100%, depending on the project.
Possibility of a capital repayment holiday up to a maximum of 6 months.
Maximum amortization of 3 years, depending on the project and guarantee.
Guarantees: personal guarantee and life insurance. Other guarantees may be required.
Application fee of 1.5% of the loan amount requested.
Annual management fee of $300.
No penalty for early repayment.

SADC des Laurentides

Investment Fund

A term loan ranging from a minimum of $5,000 up to a maximum of $150,000 ($250,000*);
Interest rate based on the Bank of Canada prime interest rate plus 4%, depending on project and guarantees;
Down payment: a minimum of 10% of the total project cost (with a maximum of 25% in the form of assets);
Maximum repayment term of 15 years, depending on project and guarantee;
Guarantees: personal guarantee and life insurance. Other guarantees may be required;
Project evaluation fee of 1.5% of loan amount requested, with a $400 minimum;
Annual administration fee of $300 or $50 in the case of a second loan.
*If the loan is of an amount between $150,000 and $250,000, the following additional criteria apply:
The project has a real impact on community development;
The project must create or maintain a minimum of 5 jobs;
The business must operate in an industry prioritized by the two MRC covered;
The project must include the participation of a financial partner.

Investment Fund

Prêt variant d’un montant minimum de 5 000 $ jusqu’à un maximum de 150 000 $(*250 000 $).
Taux d’intérêt établi selon le taux préférentiel de la Banque du Canada majoré d’au minimum 4 %, selon le projet et les garanties.
Mise de fonds : minimum 10 % du coût total du projet (dont un maximum de 25% sous forme de transfert d’actifs)
Amortissement maximal de 15 ans, selon le projet et la garantie.
Garanties : cautionnement personnel et assurance-vie. D’autres garanties peuvent être exigées.
Frais d’étude de dossier de 1,5 % du montant du prêt demandé, minimum 400 $.

Accomplishments

Recipient of the 2014 Lauréat des Phénix de l’environnement award in the Social Responsibility (Business) category
Certified Level 3 for the ICI on recycle program
Visit the site →
The SADC des Laurentides is one of the driving forces behind the industrial symbiosis project led by Synergie économique Laurentides. (SEL)
Visit the site →
Sustainable Development Incentive Measure. For over 10 years, the SADC des Laurentides, in partnership with the CDE de la MRC des Laurentides, has raised awareness about good SD practices throughout the regional business community.

Accomplishments

Recipient of the 2014 Lauréat des Phénix de l’environnement award in the Social Responsibility (Business) category
Certified Level 3 for the ICI on recycle program
Visit the site →
The SADC des Laurentides is one of the driving forces behind the industrial symbiosis project led by Synergie économique Laurentides. (SEL)
Visit the site →
Sustainable Development Incentive Measure. For over 10 years, the SADC des Laurentides, in partnership with the CDE de la MRC des Laurentides, has raised awareness about good SD practices throughout the regional business community.

Succession

Term loan ranging from a minimum of $25,000 up to a maximum of $150,000 ($250,000*);
Interest rate based on the Bank of Canada prime rate plus a minimum of 3%, depending on project and guarantees;
A report from a Chartered Business Valuator may be required;
Down payment: 10% with a maximum of 25% in assets;
Maximum repayment term of 15 years, depending on project and guarantee;
Guarantees: personal guarantee and life insurance. Other guarantees may be required.
Project evaluation fee of 1.5% of total loan amount requested, with a minimum of $400;
Annual administration fee of $300*If the loan is of an amount between $150,000 and $250,000, the following additional criteria apply:
The project has a real impact on community development;
The project must create or maintain a minimum of 5 jobs;
The business must operate in an industry prioritized by the two MRC covered;
The project must include the participation of a financial partner.

Succession

Term loan ranging from a minimum of $25,000 up to a maximum of $150,000 ($250,000*);
Interest rate based on the Bank of Canada prime rate plus a minimum of 3%, depending on project and guarantees;
A report from a Chartered Business Valuator may be required;
Down payment: 10% with a maximum of 25% in assets;
Maximum repayment term of 15 years, depending on project and guarantee;
Guarantees: personal guarantee and life insurance. Other guarantees may be required.
Project evaluation fee of 1.5% of total loan amount requested, with a minimum of $400;
Annual administration fee of $300*If the loan is of an amount between $150,000 and $250,000, the following additional criteria apply:
The project has a real impact on community development;
The project must create or maintain a minimum of 5 jobs;
The business must operate in an industry prioritized by the two MRC covered;
The project must include the participation of a financial partner.

Innovation

Term loan ranging from a minimum of $5,000 up to a maximum of $150,000;
Interest rate based on the Bank of Canada prime rate plus 2%;
Down payment: Flexible, depending on project and guarantees;
Funding may reach up to 100% of costs, depending on the project;
Possibility of a capital-free repayment period up to a maximum of 6 months;
Maximum repayment term of 5 years, depending on project and guarantee;
Project evaluation fee of 1.5% of total loan amount requested, with a minimum of $250;
Annual administration fee of $100.

Innovation

Term loan ranging from a minimum of $5,000 up to a maximum of $150,000;
Interest rate based on the Bank of Canada prime rate plus 2%;
Down payment: Flexible, depending on project and guarantees;
Funding may reach up to 100% of costs, depending on the project;
Possibility of a capital-free repayment period up to a maximum of 6 months;
Maximum repayment term of 5 years, depending on project and guarantee;
Project evaluation fee of 1.5% of total loan amount requested, with a minimum of $250;
Annual administration fee of $100.

SADC des Laurentides

Investment Fund

Youth Strategy Fund

Youth Strategy Fund

Digital development

Innovation

Succession

General Eligibility Criteria

Primary Documentation Required

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SADC des Laurentides