Financement
Down payment assistance is available for modest-income homeowners who qualify for a default-insured mortgage to purchase their first home. Eligible applicants whose annual household income is $95,000 or less may apply to Finance PEI for a conditionally...
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...
The Down Payment Assistance Program (DPAP) is a pilot program to assist qualified residents of Prince Edward Island, who have modest incomes, in purchasing a first home.
How much financing is available under this program?
Eligible applicants can apply...
A financing program has been developed to provide emergency working capital financing to assist PEI’s small business during this unprecedented economic disruption to business, caused by the Covid-19 pandemic. This new loan program is to assist qualifying...
Applications to the Energy Efficiency Loan Program must be made before any work commences, financing is not available for projects that are already completed.
The Energy Efficiency Loan Program (EELP) will provide financing for Prince Edward Island home...
Applications to the Energy Efficiency Loan Program must be made before any work commences, financing is not available for projects that are already completed.
The Energy Efficiency Loan Program for Solar Photovoltaic Equipment (EELP-SERP) will provide...
Island residents adding energy efficiency upgrades to their home may be eligible to borrow up to $10,000 from the provincial government to help finance the cost. The Energy Efficiency Loan Program is available to a registered owner of a year-round...
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...
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...
The Fisheries Emergency Loan 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 payments will be made on behalf of the...
The ‘term debt’ interest relief program will provide assistance to PEI fish harvesters. This new interest relief program will provide relief for qualified applicants that meet the eligibility noted below. Additionally, clients that currently have their...
Due to the current economic situation, the provincial government has re-opened the low interest loan program for fishers.
The purpose of this loan program is to assist Prince Edward Island fishers experiencing financial difficulties due to the...
Finance PEI provides term financing for purchasing capital assets and operating capital for the business’s accounts receivable and inventory. Capital loans are repaid over the life expectancy of the asset and the company's operational cash flow. Maximum...
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...
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...
The Multi-Unit Residential Loan Program provides a financing program for property developers which will assist in the construction of multi-unit residential developments on PEI. A multi-unit development consists of 2 or more units.
Do I qualify?...
Disclosure of new loans in excess of $100,000
In the interests of balancing government’s obligation of openness and transparency, with the need to protect the privacy and sensitive information of Finance PEI and Island Investment Development Inc....
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
debt consolidation
new construction
It does not...
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....
This program is designed to meet the particular needs of Prince Edward Island tourism operators for the following purposes:
purchase of business
expansion
debt consolidation
new construction
repair or updating of fixed assets
The amortization...
The Tourism Interest Relief Program will now be expanded to include reimbursements on interest payable for property tax bills until December 31, 2021. In addition, the program will be extended from its initial end date of September 20, 2021 to...
The Winter Production Financing Program is now included in the new Micro-Loan Program.
Please refer to the Micro-Loan page for details.