Manufacturing and Processing Assistance - Operating Loan
Prince Edward Island
Government of Prince Edward Island, Finance PEI
Funding Limits
Up to 100% of eligible costs
Program Contact Details
financepei@gov.pe.ca
902-368-6200
Industry
Manufacturing and Processing
What is this funding for?
Loan to purchase inventory or for day-to-day operating costs in Prince Edward Island
Program Description
Finance PEI, through the Manufacturing and Processing Assistance offers operating loans for a business's accounts receivable and inventory. Up to 100% of financing may be provided for purchasing inventory and for the day-to-day operating costs of the business. Operating loans shall be repaid from the sale of the inventory and are based on the company's cash flow.
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