Business Financing

Financement des entreprises



Program Type




Type of Aid

Long-term loan, Revolving credit, Loan guarantee, Project investment, Capital stock (under exceptional circumstances)

Financial Aid

Varies by type of aid


This program supports the development and activities of companies in order to allow them to realize their growth potential, ensure their sustainability, strengthen and maintain Quebec ownership, ensure the financing of promising projects and support digital development.


  • Applicants must:
  • Be legally incorporated companies, either for-profit or not-for-profit, with the exception of sole proprietorships (only eligible in the Arts and Crafts field)

  • Be headquartered in Quebec and demonstrate majority-owned by persons whose tax residence is in Quebec

  • Be in operation for a at least one year or otherwise operating in new market sectors without competition

  • Assume a financial risk in the operations that are the subject of the application

  • Possess the human and financial resources necessary to respect all financial obligations, particularly the repayment of the aid in question

  • Submit a profitable funding proposal for all partners involved, including SODEC

  • The following categories of financing are offered:
  • Conventional operations, which allow companies to benefit from credit facilities not offered by traditional financial institutions, including discounts for ticketing, sponsorships, subsidies, or any other contract, as well as for the acquisition of fixed assets or stocks

  • Development, which supports companies’ working capital and allows their needs to be met in carrying out different expansion projects; examples include marketing products in new markets, developing new concepts or products, export initiatives, opening new points of sale, and whole or partial acquisition of foreign companies

  • Recovery, which helps to keep companies operating during periods of temporary financial difficulty in contexts where their loss would have negative consequences in their respective sectors

  • Financing is primarily offered at variable rates but can be offered at fixed rates
  • Commitment fees between 0.5% and 2% apply to all new financing
  • Renewal fees between 0.5% and 1.5% apply to all financing renewals
  • Amendment fees (minimum of $250) can apply for modifications to active financing
  • Other fees may apply as indicated in program documentation

Eligible Expenses

  • Not applicable

Supporting Documents

  • Completed application form
  • Financial statements from the previous three accounting periods
  • Financial forecasts for the accounting period currently in progress as well as the subsequent period
  • Personal balance sheets for shareholders
  • Internal regulation or unanimous agreement among shareholders overseeing the power of the applicant company’s board of directors to borrow, if applicable
  • Master file, including:
  • Profile and history of the company

  • Copies of the governing documents, certificate of constitution, articles of incorporation, declaration of registration, certificate of amendment and partnership or shareholders agreement (if applicable)

  • Organizational structures for the applicant company and, if applicable, any affiliated companies, including shareholders

  • Curriculum vitae of the applicant company’s executives

  • Information on shareholders/directors