Loan to support businesses in their transition to more sustainable practices.
Terms:
- Maximum loan of $50,000
- 5-year term, with possibility of exceptional extension to 7 years
- 0% interest for the first 24 months
- Interest rate set at prime + 2.0 to 3.0% at the beginning of the third year (minimum 5.0%)
- Possibility of moratorium on principal repayment for a maximum of 3 months