Entrepreneur Loan Program
- Amount and term
- Up to C$100,000 with terms up to seven years.
- Borrowers
- PEI resident owner-operators aged18 or older; shareholders or partners must co-apply under the published rules.
- Equity and uses
- 10% of the approved loan amount must be available as equity; working-capital financing is capped at C$35,000.
- Purpose
- Supports new businesses, business improvements and expansion, subject to sector exclusions.
Provider sources: Entrepreneur Loan Program official source · Entrepreneur Loan Program official source
