Complementary to financial institution services
Types of financing up to $300,000
Financing offered by CAE Rive-Nord supports and ensures the company’s short-term growth by allowing it to access funds quickly and without the usual timelines of the various financial institutions. We offer local support for local businesses.
PURCHASE ORDER FINANCING
Do you have an order to complete and wish to have immediate liquidity to make it happen? The CAE can help you by financing up to 100% of the cost for completing your purchase order (labour, materials, transportation, etc.). This short-term financing is ideal for companies in the manufacturing, distribution and construction sectors.
- Up to 75% of purchase orders
- Moratorium on payment of capital
- Reimbursement taken from amounts received on financed orders
TAX CREDIT FINANCING FOR SR & ED
To avoid having to deal with delays in reimbursement of government research and development tax credits, the CAE allows you to obtain rapid financing for the equivalent of 75% in tax credits to which your company is entitled.
- Up to 75% refundable credits
- Credits for last and current year
- Finance reimbursement taken from government tax credits received
WORKING CAPITAL FINANCING
Need cash to support your growth? Whether you wish to hire new employees, purchase equipment or complete an upcoming project, the CAE can offer you the right funding with a reimbursement period of up to seven years.
- For all specific projects, for example equipment, working capital, etc.
- Over a maximum reimbursement period of five years
Youth strategy
YOUNG ENTREPRENEURS
18–39 years
To be eligible for the Youth Strategy program :
- 18–39 years of age
- All entrepreneurs/future entrepreneurs between the ages of 18 and 39 are required to register and join the program.
- Demonstrate the viability of your business with a comprehensive business plan.
- The entrepreneur must be the majority owner of the business or have control by shareholder agreement. A maximum of two entrepreneurs from the same company can receive a loan.
- Seasonal businesses are eligible if they can prove that their activities are profitable over a minimum of six months.
- Collaborate on a support plan during the first year.
- Create net employment.
If you have any questions or would like to speak to a member of staff at CAE Rive-Nord, please call us at:
T 450 304-1911