{"id":1411,"date":"2023-02-19T08:55:57","date_gmt":"2023-02-19T13:55:57","guid":{"rendered":"https:\/\/sadcpontiac.dionalex.ca\/?page_id=1411"},"modified":"2024-07-03T16:39:16","modified_gmt":"2024-07-03T20:39:16","slug":"youth-business-loan","status":"publish","type":"page","link":"https:\/\/sadcpontiac.ca\/en\/financing\/youth-business-loan\/","title":{"rendered":"Youth Business Loan"},"content":{"rendered":"\n  <div class=\"banner has-hover sadc-top-banner\" id=\"banner-61032132\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n            <img loading=\"lazy\" decoding=\"async\" width=\"1840\" height=\"1228\" src=\"https:\/\/sadcpontiac.ca\/wp-content\/uploads\/2023\/02\/53622451_2327768200792626_2161022802256199680_o.jpg\" class=\"bg attachment-original size-original\" alt=\"\" \/>                        <div class=\"overlay\"><\/div>            \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n   <div id=\"text-box-682643623\" class=\"text-box banner-layer x5 md-x0 lg-x0 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text \">\n              \n              <div class=\"text-inner text-left\">\n                  \n<h1>Youth Business Loan<span data-text-color=\"primary\">.<\/span><\/h1>\n<h4>Loan from $5,000 to $25,000<\/h4>\n<p class=\"lead\">A loan available to young entrepreneurs (aged 18 to 39) to create, acquire, expand or modernize a business. It is interest-free for 2 years.  <\/p>\n<a href=\"https:\/\/sadcpontiac.ca\/en\/contact-us\/\" class=\"button primary\" style=\"padding:10px 35px 10px 35px;\">\n\t\t<span>Talk to an advisor<\/span>\n\t<\/a>\n\n<a href=\"https:\/\/sadcpontiac.ca\/wp-content\/uploads\/2024\/07\/2-Application-for-financing-2024-04.pdf\" target=\"_blank\" class=\"button primary is-outline\" rel=\"noopener\" style=\"padding:10px 35px 10px 35px;\">\n\t\t<span>Download the form<\/span>\n\t<\/a>\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-682643623 {\n  width: 90%;\n}\n#text-box-682643623 .text-box-content {\n  font-size: 105%;\n}\n@media (min-width:550px) {\n  #text-box-682643623 {\n    width: 45%;\n  }\n  #text-box-682643623 .text-box-content {\n    font-size: 100%;\n  }\n}\n<\/style>\n    <\/div>\n \n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-61032132 {\n  padding-top: 400px;\n  background-color: rgb(248, 248, 248);\n}\n#banner-61032132 .overlay {\n  background-color: rgba(255, 255, 255, 0.85);\n}\n#banner-61032132 .banner-bg img {\n  object-position: 62% 60%;\n}\n@media (min-width:550px) {\n  #banner-61032132 {\n    padding-top: 700px;\n  }\n  #banner-61032132 .overlay {\n    background-color: rgba(255, 255, 255, 0);\n  }\n}\n<\/style>\n  <\/div>\n\n\n\n\t<section class=\"section\" id=\"section_474060254\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n<div class=\"row align-center\"  id=\"row-1592149449\">\n\n\t<div id=\"col-1985515924\" class=\"col medium-10 small-11 large-10\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:60px;\"><\/div>\n<h2>Much more than a loan for young entrepreneurs<span data-text-color=\"primary\">.<\/span><\/h2>\n<p>This form of financing has a leverage effect, which makes it easier to obtain additional financing from traditional financial institutions as a young business or entrepreneur, and is interest-free for the first 2 years.<\/p>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n\t\t<\/div>\n\n\t\t\n<style>\n#section_474060254 {\n  padding-top: 25px;\n  padding-bottom: 25px;\n}\n@media (min-width:550px) {\n  #section_474060254 {\n    padding-top: 100px;\n    padding-bottom: 100px;\n  }\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section\" id=\"section_783625983\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n<div class=\"row align-center\"  id=\"row-764945844\">\n\n\t<div id=\"col-546975332\" class=\"col medium-10 small-12 large-10\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t\t\t\n<div class=\"is-divider divider clearfix\" style=\"max-width:60px;\"><\/div>\n\t<div id=\"text-3930206785\" class=\"text\">\n\t\t\n<h2>Eligible projects<span data-text-color=\"primary\">.<\/span><\/h2>\n\t\t\n<style>\n#text-3930206785 {\n  text-align: left;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"text-4252378885\" class=\"text\">\n\t\t\n<p>Young entrepreneurs aged 18 to 39. Interest-free for the first 2 years. Can be used to acquire, set up, expand or modernize a business. Applications for finance against existing debt are not eligible.<\/p>\n<h5><span data-text-color=\"primary\">The business project must create\/conserve jobs and the proposal must demonstrate:<\/span><\/h5>\n<ul>\n<li class=\"bullet-arrow\">innovation and not pose a threat to another local business<\/li>\n<li class=\"bullet-arrow\">viability and growth potential<\/li>\n<li class=\"bullet-arrow\">the entrepreneurial and personal strengths of the promoter<\/li>\n<\/ul>\n\t\t\n<style>\n#text-4252378885 {\n  text-align: left;\n}\n<\/style>\n\t<\/div>\n\t\n\t<div id=\"gap-344905117\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-344905117 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n<h5><span data-text-color=\"primary\">The promoter must also:<\/span><\/h5>\n<ul>\n<li class=\"bullet-arrow\">inject funds<\/li>\n<li class=\"bullet-arrow\">own and operate the business in the SADC Pontiac territory<\/li>\n<li class=\"bullet-arrow\">take advantage of free follow-up techniques and services<\/li>\n<li class=\"bullet-arrow\">provide a personal guarantee<\/li>\n<\/ul>\n<p>Other elements may be required and will be discussed between the promoter and the advisor as needed.<\/p>\n\t<div id=\"gap-95672701\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-95672701 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n<h5><span data-text-color=\"primary\">Designed to finance:<\/span><\/h5>\n<ul>\n<li class=\"bullet-arrow\">Capital<\/li>\n<li class=\"bullet-arrow\">Real estate<\/li>\n<li class=\"bullet-arrow\">Start-up costs<\/li>\n<li class=\"bullet-arrow\">Cash flow<\/li>\n<\/ul>\n\t<div id=\"gap-291120143\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-291120143 {\n  padding-top: 30px;\n}\n<\/style>\n\t<\/div>\n\t\n<p>We invest in businesses and projects that promote the economic vitality of our regions and create jobs. Our funds are managed by the community and the income generated by our funds is reinvested in other projects, creating ever more wealth locally.<\/p>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n\t\t<\/div>\n\n\t\t\n<style>\n#section_783625983 {\n  padding-top: 25px;\n  padding-bottom: 25px;\n  background-color: rgb(248, 248, 248);\n}\n@media (min-width:550px) {\n  #section_783625983 {\n    padding-top: 100px;\n    padding-bottom: 100px;\n  }\n}\n<\/style>\n\t<\/section>\n\t\n\n\t<section class=\"section greentogray\" id=\"section_786277338\">\n\t\t<div class=\"section-bg fill\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\n\n\t\t<\/div>\n\n\t\t\n\n\t\t<div class=\"section-content relative\">\n\t\t\t\n\n<div class=\"row align-center\"  id=\"row-1749934635\">\n\n\n\t<div id=\"col-1605729267\" class=\"col cta-bg medium-9 small-12 large-9\"  data-animate=\"fadeInUp\">\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n\n  <div class=\"banner has-hover cta-banner\" id=\"banner-1116715081\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n            <img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"645\" src=\"https:\/\/sadcpontiac.ca\/wp-content\/uploads\/2023\/02\/SADC_Pattern-1280x809.png\" class=\"bg attachment-large size-large\" alt=\"\" \/>                        <div class=\"overlay\"><\/div>            \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-350578180\" class=\"text-box banner-layer x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text \">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n<div class=\"text-center\"><div class=\"is-divider divider clearfix\" style=\"max-width:60px;\"><\/div><\/div>\n\n<h2>Ready to get started<span data-text-color=\"primary\">?<\/span><br \/>\nTell us about your project<span data-text-color=\"primary\">.<\/span><\/h2>\n\t<div id=\"gap-2090406343\" class=\"gap-element clearfix\" style=\"display:block; height:auto;\">\n\t\t\n<style>\n#gap-2090406343 {\n  padding-top: 15px;\n}\n@media (min-width:550px) {\n  #gap-2090406343 {\n    padding-top: 15px;\n  }\n}\n<\/style>\n\t<\/div>\n\t\n\n<a href=\"https:\/\/sadcpontiac.ca\/en\/contact-us\/\" class=\"button primary is-larger\" style=\"padding:10px 35px 10px 35px;\">\n\t\t<span>Talk to an advisor<\/span>\n\t<\/a>\n\n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-350578180 {\n  width: 90%;\n}\n#text-box-350578180 .text-box-content {\n  font-size: 100%;\n}\n@media (min-width:550px) {\n  #text-box-350578180 {\n    width: 60%;\n  }\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-1116715081 {\n  padding-top: 300px;\n  background-color: rgb(255,255,255);\n}\n#banner-1116715081 .overlay {\n  background-color: rgba(255, 255, 255, 0.35);\n}\n#banner-1116715081 .banner-bg img {\n  object-position: 0% 2%;\n}\n@media (min-width:550px) {\n  #banner-1116715081 {\n    padding-top: 400px;\n  }\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1605729267 > .col-inner {\n  padding: 35px 25px 35px 25px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n\n\t\t<\/div>\n\n\t\t\n<style>\n#section_786277338 {\n  padding-top: 30px;\n  padding-bottom: 30px;\n  min-height: 380px;\n}\n@media (min-width:550px) {\n  #section_786277338 {\n    padding-top: 75px;\n    padding-bottom: 75px;\n    min-height: 590px;\n  }\n}\n<\/style>\n\t<\/section>\n\t\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"parent":1357,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-1411","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/pages\/1411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/comments?post=1411"}],"version-history":[{"count":5,"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/pages\/1411\/revisions"}],"predecessor-version":[{"id":2287,"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/pages\/1411\/revisions\/2287"}],"up":[{"embeddable":true,"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/pages\/1357"}],"wp:attachment":[{"href":"https:\/\/sadcpontiac.ca\/en\/wp-json\/wp\/v2\/media?parent=1411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}