Cooperative Buyout Support Program
If you are a member partner of a cooperative, you may be eligible for funding between $100,000 and $2 million for the full or partial buyout of a business to ensure its succession.
- Repayment over a maximum period of 15 years
- A fixed interest rate equivalent to Quebec Government bond yield plus 1.25%
- A sliding scale of interest for the first 5 years
- A moratorium on the principal repayment of up to 3 years for a full buyout
Other conditions apply.