Loan guarantees

What type of product is it?

A loan guarantee provides a potential lender with greater security of payment. Essentially, it's a promise by a third party (guarantor) to ensure repayment of financing granted to your company if it defaults on payment. This product is aimed at companies with limited collateral to offer, who wish to support their growth.

What are the special features of this financial product?

  • A surety bond guarantees a lender that a third-party institution will reimburse a portion of its loss, if any.
  • A loan guarantee can be useful in high-growth situations where, for example, the line of credit needs to be increased, but authorization must wait until the financial statements are complete.

What are the advantages of this financial product?

  • This type of loan helps reduce your risk, as it enables you to obtain the financing you need without pledging your assets as collateral.
  • It can open up certain opportunities for you, such as attracting lenders. In fact, lenders take no risk in granting financing to a "guaranteed" customer, since they are assured of being repaid.
  • It helps you maintain your growth, so you can earn more income.

In addition to answering your questions, our SADC experts can help you make a real analysis of your situation. What's more, an analysis of your long-term needs and the determination of an appropriate financial strategy for your business could be developed at the same time.

See the list of different needs to the right that this financial product can meet. Don't hesitate to apply for financing from SADC. We'll be happy to support you as you think about your project and bring it to fruition.

Apply for SADC financing online

We've been supporting the region's retailers and entrepreneurs for 30 years.

Entrepreneurs in the Achigan-Montcalm region, find out more about our growth coaching and financing services.

Please do not hesitate to contact us for further information.

For information on CFDC or BDC services, financing or technical assistance, please contact your local CFDC or BDC. 

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