STERIPLUS SERVICES AND PRICES ARE HARD TO BEAT. TRY US TODAY
STERIPLUS 3D DRY DISINFECTION CLOUD SYSTEM COVERS FIVE TIMES MORE SURFACE AREAS COMPARED TO COMPETITION
COVID-19 SMALL BUSINESS LOANS UP TO $250,000 By ( BDC )
Designed specifically for the small business owner–to help your business adjust to COVID-19.
LOANS UP TO $250,000 FOR COVID-19 AFFECTED BUSINESSES MADE EASY
APPLY ONLINE IN 20 MINUTES OR LESS. FUNDING IN 3 BUSINESS DAYS OR LESS.
HOW DOES THIS LOAN WORK?
Loan amounts up to $250,000
Rates start at 8.95%
Loans may be repaid early at any time without any penalty whatsoever
Fully online application process tailored to small business owners
Terms of either 36 or 48 months
Interest payments for the first six months deducted from loan proceeds, meaning you have no cash outflow for payments until the 7th month
WHAT BUSINESSES QUALIFY?
Must be located in Canada and negatively affected by the COVID-19 pandemic
Must have been registered (if a sole proprietorship) or incorporated (if a company) for at least 12 months
Must be still operating, even if at a reduced capacity
The business and each shareholder must have an average or better credit profile
All shareholders must be willing to personally guarantee the loan
You have a business-only bank account and a CRA business number
An amount up to $250,000 must be sufficient for your working capital needs to adjust your business to the impacts of the COVID-19 pandemic
You must be willing to complete a BCAP eligibility form – on-line at the EDC (Export
Development Canada) website
Other conditions apply – see the application form for complete details.
WHAT CAN FUNDS BE USED FOR?
Business expenses including payroll, rent, inventory, operational expenses, financing accounts receivable, and making regularly scheduled debt payments such items including bank loans, equipment loans, equipment leases, etc.
Acquiring equipment necessary to adjust your operations to operate in compliance with public health orders or to mitigate other COVID-19 effects on your business.
WHAT CAN FUNDS NOT BE USED FOR?
Paying off or refinancing existing indebtedness, as these loans are for working capital purposes only.
Paying staff or management bonuses, repaying shareholder loans, or to pay dividends.
When it comes to State-of-the-Art
Disinfecting Technologies, Services, and Emergencies,
SteriPlus is your reliable solution partner
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