Transfer Strategy Financing

Terms

• Loan between $25,000 and $50,000
• No interest for the first 24 months
• Possibility of a capital moratorium for up to 24 months
• Maximum amortization of 7 years
• Minimum equity contribution of 10% of the total project cost
• The buyer must purchase at least 10.10% of the company’s shares
• Personal guarantee of the borrower
• No collateral required

Eligibility

• The company must be located in Beauce
• The entrepreneur must work full-time in their business (minimum 30 hours per week)
• A financing from CAE through the Regular Fund, of equal or greater value than the transfer strategy funding, must be part of the financial structure
• Company with 200 employees or fewer
• Cannot be used to refinance a debt