31 Queen Street
CBDCs assist in the creation of small businesses and in the expansion and modernization of existing businesses by providing financial and technical services to entrepreneurs.
Financial assistance is available in the form of loans, loan guarantees and equity financing to existing and aspiring entrepreneurs.
Business counseling & advice is available to small businesses.
Entrepreneurship development and training to individuals and small business owners/managers is available in CBDC offices Island-wide.
Technical assistance usually takes the form of guidance and coaching, and sometimes advocating on behalf of clients to other lending establishments or regulatory agencies.
CBDC Central PEI delivers the Impact Atlantic Program in PEI.
The Impact loan helps foster small and medium-sized businesses in urban Atlantic Canada. Entrepreneurs of all ages can apply for a business start-up loan, while established business owners between 19 and 39 can avail of expansion financing.
Low-interest loans of up to $25,000 are available, with flexible repayment terms and no penalty for early repayment of the principal. The application process is fast and straightforward so entrepreneurs can reach their goals more quickly and take their business to the next level.