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Program

City of Laval’s COVID-19 loan

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The City of Laval’s COVID-19 term loan offers eligible businesses financial assistance of up to $100,000 to cover their working capital costs.

Main eligibility criteria:

  • Apply for a minimum loan amount of $25,000
  • Operate in an eligible sector and offer B2B services or products
  • Have a Beacon score above 650
  • Have been in operation for more than 2 years
  • Was financially healthy before the current crisis

Main documents to be submitted:

  • Financial statements for the last 3 years and the current year
  • Business owner’s personal balance sheet and credit record
  • Cash budget for the next 12 months

To make an appointment, contact the Service du développement économique:

Some conditions apply. 

Learn more (in French only)

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