Patient capital loan from
the chantier de l’économie
sociale trust
Loans from $50,000 to $2.5 million
RISQ receives and analyzes investment applications submitted to the Chantier de l’économie sociale Trust. The Trust provides 2 types of loans: Operations Patient Capital and Real Estate Patient Capital. As their names indicate, one supports your enterprise’s operations and the other supports your real estate investments.
OBJECTIVES
- Support enterprises’ startup and expansion projects and support their real estate investments
- Complement other financing products and increase overall availability of financing
CHARACTERISTICS
- 15-year capital repayment moratorium
- Fixed interest rate for the duration of the investment
- The amount of the loan cannot represent over 35% of project costs
ELIGIBLE EXPENDITURES
- Development or operational improvements
- Adaptation of products and services
- Costs related to working capital
- Marketing new products
- Acquisition of office equipment, computers, vehicles, machinery and equipment . . .
- Costs related to the acquisition, construction, or renovation of real estate assets such as a property, building, warehouse, etc.
ELIGIBILITY
- Social economy enterprises with assets of less than $100 million or with capital of less than $50 million.
EXCLUDED
- Recovery and refinancing of existing debts
- Early repayment of a long-term loan
- Financing for activities that would result in the substitution of jobs held by public sector employees
- Public and parapublic enterprises
- Childcare centres, enterprises providing home support, perinatal, educational, or housing services
HOW TO APPLY
For more information and to make a financing application, contact the team at RISQ
or
the team at Chantier de l’économie sociale trust
514 256-0992
