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Small Business Assistance
2024-01-25
This program is designed to meet the special needs of Prince Edward Island's small business community and entrepreneurs for the following purposes:
purchase and/or acquisition of business
expansion
new construction
It does not provide working capital for the small business sector.
The...
Manufacturing and Processing Assistance
https://www.princeedwardisland.ca/en/information/finance-pei/manufacturing-and-processing-assistance
2024-01-25
Finance PEI offers term loans for purchasing capital assets and operating loans for the business’ accounts receivable and inventory. Capital loans are to be amortized over the life expectancy of the asset and based on the company's operational cash flow. Maximum financing generally does not exceed...
Cattle Loan Program
2024-01-25
The Cattle Loan Program helps Island farmers by financially supporting the breeding and raising of animals destined for the Atlantic Beef Products plant. This program is administered by Finance PEI to stimulate economic growth and expansion in the beef industry.
How much financing is available...
Farmland Financing
2024-01-25
The Farmland Financing is available to eligible farmers; new and expanding or those involved in farmland succession within PEI.
Finance PEI will provide two financing streams of which a farmer is eligible to apply under only one.
Term loan to finance up to 90% - 100% of the purchase price of a...
West Prince Business Park
2024-01-12
The West Prince Business Park is a 40-acre site that focuses on new development in commercial, light manufacturing and agri-food service business. The park is home to support services in the agricultural and fishing industries.
General Site Information
West Prince Bloomfield is a light...
Early Years Centre Expansion Low-Interest Loan Pilot Program
2023-11-28
The Early Years Centre Expansion Low-interest Loan Pilot Program has been designed in partnership with the Department of Education and Early Years to provide applicants with the opportunity to access financing for new construction and/or expansion of existing Early Years Centres. This funding is...
Micro-Loan Program
2023-11-23
The newly implemented Micro-Loan Program acknowledges and supports entrepreneurship on Prince Edward Island. This new loan initiative will help assist entrepreneurs with financing and working capital requirements with Finance PEI providing loans up to a maximum of $15,000 per applicant for new and...
Entrepreneur Loan Program
2023-03-24
The Entrepreneur Loan Program is an initiative of the Province of Prince Edward Island designed to help make financing available for the purpose of:
helping new businesses get started and established firms make improvements and expand;
to improve access to loans that would not otherwise be...
Fisheries and Aquaculture Financial Assistance
2017-02-09
Finance PEI also administers the Fishers Low Interest Loan Program.
Finance PEI provides term loans and operating lines of credit to businesses in commercial fishery and aquaculture. Repayment terms match the cash flow of the business.
Application Fee:
The application fee is equal to $250.00 or...