https://www.cans.ns.ca/wp-content/uploads/2013/08/Cans_Updatedlogo-300x104.png 0 0 CANS https://www.cans.ns.ca/wp-content/uploads/2013/08/Cans_Updatedlogo-300x104.png CANS2020-04-03 17:40:512020-04-03 17:40:52COVID-19: NS Small Business Loan Guarantee Program
COVID-19: NS Small Business Loan Guarantee Program
The Province has made an additional $10 million in credit available through the Program as part of its COVID-19 response efforts to support small businesses, creating a new opportunity for our members experiencing financial uncertainty to access support.
New loans and lines of credit can be issued through the Program, with up to $100,000 of the funds being guaranteed to the lender by the Province until June 30th. In addition, businesses with existing loans under the Program are now eligible for up to a 90-day deferral on principle and interest payments.
You can find details on the small business loan program here.