Loans
Government, banks and other business development agencies work together to using a non-formula approach to lending to meet the specific needs of an Island business. Support may involve start-up or low-interest loans or financing for working capital, debt consolidation, or business expansion.
The Early Years Centre Expansion Low-interest Loan Pilot Program has been designed in partnership with the Department of Education and Early Years to provide applicants with the opportunity to access financing for new construction and/or expansion of...
The Entrepreneur Loan Program is an initiative of the Province of Prince Edward Island designed to help make financing available for the purpose of:
helping new businesses get started and established firms make improvements and expand;
to improve...
Finance PEI also administers the Fishers Low Interest Loan Program.
Finance PEI provides term loans and operating lines of credit to businesses in commercial fishery and aquaculture. Repayment terms match the cash flow of the business.
Application Fee...
Innovation PEI is a proud community partner offering services with Futurpreneur Canada which is a national non-profit organization providing pre-launch expertise, business resources, start-up financing and mentoring to help you start and run your own...
Finance PEI offers term loans for purchasing capital assets and operating loans for the business’ accounts receivable and inventory. Capital loans are to be amortized over the life expectancy of the asset and based on the company's operational cash flow...
The newly implemented Micro-Loan Program acknowledges and supports entrepreneurship on Prince Edward Island. This new loan initiative will help assist entrepreneurs with financing and working capital requirements with Finance PEI providing loans up to a...
Disclosure of new loans in excess of $100,000
In the interests of balancing government’s obligation of openness and transparency, with the need to protect the privacy and sensitive information of Finance PEI and Island Investment Development Inc....
Loan Applications to the Rental Property Heating Program must be made before any work commences; financing is not available for projects that are already completed.
The Rental Property Heating Program (RPHP) will provide owners of an existing long-term...
This program is designed to meet the special needs of Prince Edward Island's small business community and entrepreneurs for the following purposes:
purchase and/or acquisition of business
expansion
new construction
It does not provide working...
This program is designed to meet the particular needs of Prince Edward Island tourism operators for the following purposes:
purchase of business
expansion
new construction
repair or updating of fixed assets
The amortization period must coincide...