Financing is a crucial element of start-up businesses. For more than 25 years, CEED has been connecting entrepreneurs with a wide range of resources to help fund their ventures. The CEED Impact loan helps foster small and medium-sized businesses.
Program Details
Entrepreneurs of all ages can apply for a business start-up loan. Low-interest loans of up to $25,000 are available, with flexible repayment terms and no penalty for early repayment of the principal. The application process is fast and straightforward so entrepreneurs can reach their goals more quickly and take their business to the next level.
Focus on your business idea, while CEED’s Impact Loan equips you for success. More than just a loan, CEED Impact Loan clients are connected to business skills development opportunities, allowing them to gain essential knowledge to help them as a business owner. Learning topics ranging from marketing strategy and human resources, to accounting and planning.
With a simple application process and flexible repayment options, CEED Impact loans give you the freedom to make your business into what you want, the way you want. More adventurous than a traditional bank loan, CEED Impact loans can work with varied credit histories or unusual business ideas. A CEED Impact Loan is more than just a cheque, it’s also a lifeline, where you’ll find on-going business support and advice throughout your entrepreneurial journey.
Loan Requirements
- Businesses registered within the Halifax, Dartmouth, and Bedford boundaries are eligible to apply.
- Loans Available From $5,000 to $25,000
- Low Interest Rate of Prime + 2%
- Low Principal Payments
- No Penalty for Early Repayment
- All $5,000 Loans are Interest Free for 6 Months
- Up to $60,000 of Additional Funding Available Through CEED’s Community Partners
- Our experienced CEED Impact Loan Advisor can:
- Explore options to help finance your business;
- Provide guidance and templates for your business plan and financial projections;
- Provide information on business resources;
- Connect you with business skills development opportunities.
- Get in touch and let us help you find your custom financing solution or click here to apply today!
