COVID-19 : THE SADC DE PAPINEAU-COLLINES ANNOUNCES EXCEPTIONAL SUPPORT MEASURES FOR SMALL BUSINESSES

Press Release

COVID-19 :
THE SADC DE PAPINEAU-COLLINES ANNOUNCES EXCEPTIONAL SUPPORT MEASURES FOR SMALL BUSINESSES

 

Gatineau, Monday March 16 2020 – To support small businesses whose activity is impacted by the COVID-19 pandemic, the Société d’aide au développement des collectivités (SADC) de Papineau-Collines takes actives measures to support the Papineau RMC, the Collines-de-l ’Outaouais and Basse-Lièvre SMEs.

 

Effective today, these emergency solutions want to allow our small rural businesses to cope with the crisis and the impact it can have on their economic activity, on their daily activity and on their employees. By its specific mandate, the SADC reacts quickly. It is able to deploy flexible and personalized immediate measures for impacted businesses in less than 48 hours..

Immediate support measures for businesses

  1. “Support” loan of up to $ 25,000 with possibility of a 6-month capital and interest moratorium, repayable over a maximum of 48 months
  2. Flexible loans up to $ 300,000 tailored to business needs

 

In addition, the SADC wishes to emphasize that all current investment files and new loans will continue to be processed with the best efforts. Our office remains open according to the usual schedule to welcome entrepreneurs.

 

QUOTE

« The SADC wants to reassure the local entrepreneurs for whom the pressure and uncertainty are rapidly increasing. It’s our role to be proactive and respond to their needs to get them through this crisis, Mélissa Bergeron, General Manager of the SADC de Papineau-Collines explains. The proximity we have with our rural businesses, our shop owners, our restaurateurs, our tourist businesses allows us to provide financing quickly, because we know them. It is our mission to be ready to intervene to ensure their sustainability in order to support the economy of the region

 

 

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Links:
www.sadcpapineau.ca

Media Relations:

Marie-France Laflamme, Public Relations
SADC │ Communications
819-986-1747 ext 208
[email protected]