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Entrepreneur Loan Program
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...
Micro-Loan Program
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...
Tariff Working Capital Assistance Program
A financing program has been developed to provide working capital financing to assist Prince Edward Island businesses impacted by the new export tariffs implemented by the United States of America (the “Tariffs”), ensuring they can maintain operations, preserve jobs, and invest in alternative supply chain strategies. This new loan program will assist qualifying companies to maintain normal business operations during these unprecedented times. How much financing is available under this program? Eligible applicants can apply to receive a working capital loan of up to $500,000 with a fixed...
Fisheries and Aquaculture Financial Assistance
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...
Tourism Assistance Loan Program
A funding program has been developed by the Province of PEI to support the PEI Tourism Operators through a joint partnership of Finance PEI and Tourism PEI. This new program will provide funding in the form of a repayable loan to qualified applicants. Interest payments on loans approved through this program will qualify for interest relief (interest payment made behalf of the client) from Tourism PEI for a period of 18 months with Finance PEI offering principal deferrals to match the same 18 month period. The total obligation of the Government of Prince Edward Island under this Tourism...
Energy Efficiency Loan Program - Solar Photovoltaic Equipment
The Energy Efficiency Loan Program for Solar Photovoltaic Equipment (EELP-SERP) will provide financing to qualifying Prince Edward Island home-owners, farms and businesses that are approved applicants under efficiencyPEI’s Solar Electric Rebate Program. This will assist with the...
Island company takes ownership of biomass heating units
The biomass heating units at provincial buildings across Prince Edward Island are now fully owned and operated by an Island company thanks to financing provided by the Provincial Government. Atlantic Bioheat Inc now owns 11 boilers with another under construction at Hernewood...
Micro-Loan Application
Newly implemented Micro-Loan Program acknowledges and supports entrepreneurship on Prince Edward Island.
Finance PEI's Financing Application Form
Finance PEI's Application Form for Financial Assistance