The Chamber of Commerce of Metropolitan Montreal
Program

DEL's COVID-19 Loan

Share on:
Save this document You must first be logged in to save this document. Print

DEL's COVID-19 Loan offers eligible businesses located (or that plan to be located) in the DEL region with a term loan of up to $100,000 (repayable in 12 months) at an interest rate of 6% to provide them with the working capital they need to get through the current crisis.

Main eligibility criteria:

  • Apply for a minimum loan of $25,000.
  • Be legally constituted.
  • Operate in an eligible industry and offer B2B services.
  • Have a Beacon credit score that is greater than 750.
  • Submit a project with demonstrated economic benefits in terms of maintaining jobs.

Main documents to be submitted:

  • Financial statements for the last 3 years and the current year.
  • Entrepreneur’s personal financial statement and credit report.
  • A cash budget for the next 12 months.

Conditions apply.

Learn more

For any inquiries, please contact our information agents.

Was this information useful?
By continuing to use this website, you agree to our Privacy Policy and the use of cookies to offer you content and services tailored to your interests. Learn more about our Privacy Policy