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Small Business Loans

Applies to: Prince Edward Island

If you have a Prince Edward Island business with fewer than 100 employees and sales under $10 million, you can apply for a small business loan to purchase or expand a business, consolidate debt or undertake new construction.

This includes:

  • Intermediate Term Loans - should coincide with the life of the asset being financed but will not exceed 10 years
  • Long Term Loans - can be used for debt restructuring, expansion, refurbishment, purchase of fixed assets. Maximum term for a loan is 20 years.

Program Details:

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