Micro-Loan Program
- Maximum amount
- $15,000
- Deadline
- Ongoing intake
- Where
- Prince Edward Island
Free, no account to start. This program is added to your saved list.
In short
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 expanding businesses to further respond to the needs of local entrepreneurs. New micro-loans will be sourced directly through Finance PEI with repayment terms of up to a maximum of 5 years at an interest rate of TD Bank Prime + 4.5%.Am I eligible to apply?Examples of categories eligible for this new
Eligibility criteria
- Entreprise située dans la province visée (required)
- Entreprises nouvelles ou en expansion
- Besoin de fonds de roulement
- Nouveaux arrivants au Canada
Are you eligible?
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Page updated on October 11, 2026. Summary and criteria extracted by our AI from the official program page; always check with the agency.
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