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Sugar Mummy In Canada Will Help You Get Loan

Saturday, January 5, 2019

Sugar Mummy In Canada Will Help You Get Loan

Sugar Mummy In Canada Will Help You Get Loan
4/ 5 stars - "Sugar Mummy In Canada Will Help You Get Loan" Type Supports job creation by providing gap funding to small and medium-sized businesses creating new quality jobs. Amount $100,000 ...





Type
Supports job creation by providing gap funding to small and medium-sized businesses creating new quality jobs.

Amount
$100,000

Structure
Private Financing - 50%
Opportunity Loan Fund - 50%
Terms
3 to 7 years, (15 years for real estate)

Interest Rate
½ of prime plus 2% (4% minimum)

Requirements
20% Equity Injection

Eligible Areas
Citywide, with special consideration for businesses in Priority Areas.

Jobs Created/Retained
At least 5 quality jobs providing healthcare coverage

Application Fee
$100



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