Small Business Loans 

Finance PEI, Government of Prince Edward Island

Applies only to: Prince Edward Island

If you have a Prince Edward Island business with fewer than 100 employees and sales under $10 million, you can apply for a small business loan to purchase or expand a business, consolidate debt or undertake new construction.

This includes:

  • Intermediate-term loans — Should coincide with the life of the asset being financed, but will not exceed 10 years
  • Long-term loans — Can be used for debt restructuring, expansion, refurbishment, and the purchase of fixed assets. Maximum term is 20 years