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Small business stimulus loan applications due February 28th | Print |
Friday, 11 February 2011 14:05

Don't miss your chance to access some of the $1.5 million Federal Government Stimulus money earmarked for small business.  Offered by the Prince Edward/Lennox & Addington Community Futures Development Corporation (PELA CFDC), loans of up to $25,000 at 5.0% fixed rate over 5 years are available. Completed applications need to be received by February 28th, so don't miss out on this great opportunity.

This loan is easy to apply for and simply secured.   Below are some details on how to apply:

PELA CFDC administers local investment funds to help new and existing small businesses finance start-up, expansion or stabilization plans that help maintain or create employment. Loan financing is available when funding from traditional sources is insufficient or unattainable.

In order to be eligible for this lending product, businesses must be:

- Located in Prince Edward or Lennox & Addington Counties
- Have satisfactory credit history
- Maintain or create jobs in the community
- Have a Business Plan

To download the application please click here.

Completed applications should be submitted to Gillian Chapman at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

 

© 2012 Economic Development
County of Lennox & Addington
97 Thomas Street East
Napanee, ON K7R 4B9
CANADA
ecdev@lennox-addington.on.ca
T: 613.354.4883
F: 613.354.3112