Information technology loans 

Applies only to: Prince Edward Island

If you own a PEI-based information technology business, you can apply for the following:

• Term loans – You need to repay the loan within 10 years and you must contribute at least 20% of the purchase price or fair market value
• Operating lines of credit – You can receive up to 100% of marketing costs, travel costs, and human resource expenses

Your business must derive at least 60% of its revenue from information technology-related activities.

Other conditions apply.

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