The Chantier de l’économie sociale Trust provides loans with a 15-year capital repayment moratorium. Patient capital financing helps to support start-up and expansion projects and real estate investments.
Varying from between $50,000 and $1.5 million, Trust loans are offered in two forms:
- Operations Patient Capital: to finance costs related to the working capital fund, market launching of new products and the acquisition of office and computer equipment, automotive equipment, machinery, and tools. Operations patient capital is unsecured.
- Real Estate Patient Capital: to finance costs directly related to the acquisition, construction, or renovation of real estate assets such as land, building, warehouse, etc. Real estate patient capital is secured by a real estate mortgage subordinate to real estate mortgages that may be held with other lenders.
Loans are granted on the basis of financing packages in which the loan represents no more than 35% of project-related costs.
For more information, consult the investment policy