Financement
Down payment assistance is available for modest-income homeowners who qualify for a default-insured mortgage to purchase their first home. Eligible applicants whose annual household income is $100,000 or less may apply to Finance PEI for a conditionally...
The Cattle Loan Program helps Island farmers by financially supporting the breeding and raising of animals destined for the Atlantic Beef Products plant. This program is administered by Finance PEI to stimulate economic growth and expansion in the beef...
To support small and medium-sized businesses, landlords are encouraged to defer rent payments from their commercial tenants for 3 months, spreading the deferred rent amount over the rest of the lease term.
If you’re deferring rent because your tenant’s...
The Down Payment Assistance Program (DPAP) is a pilot program to assist qualified residents of Prince Edward Island, who have modest incomes, in purchasing a first home.
How much financing is available under this program?
Eligible applicants can apply...
A financing program has been developed to provide emergency working capital financing to assist PEI’s small business during this unprecedented economic disruption to business, caused by the Covid-19 pandemic. This new loan program is to assist qualifying...
Applications to the Energy Efficiency Loan Program must be made before any work commences, financing is not available for projects that are already completed.
The Energy Efficiency Loan Program (EELP) will provide financing for Prince Edward Island home...
Applications to the Energy Efficiency Loan Program must be made before any work commences, financing is not available for projects that are already completed.
The Energy Efficiency Loan Program for Solar Photovoltaic Equipment (EELP-SERP) will provide...
Island residents adding energy efficiency upgrades to their home may be eligible to borrow up to $10,000 from the provincial government to help finance the cost. The Energy Efficiency Loan Program is available to a registered owner of a year-round...
The Entrepreneur Loan Program is an initiative of the Province of Prince Edward Island designed to help make financing available for the purpose of:
helping new businesses get started and established firms make improvements and expand;
to improve...
The Farmland Financing is available to eligible farmers; new and expanding or those involved in farmland succession within PEI.
Finance PEI will provide two financing streams of which a farmer is eligible to apply under only one.
Term loan to finance...
The Fisheries Emergency Loan program will provide funding in the form of a repayable loan to qualified applicants. Interest payments on loans approved through this program will qualify for interest relief (interest payments will be made on behalf of the...
The ‘term debt’ interest relief program will provide assistance to PEI fish harvesters. This new interest relief program will provide relief for qualified applicants that meet the eligibility noted below. Additionally, clients that currently have their...
Due to the current economic situation, the provincial government has re-opened the low interest loan program for fishers.
The purpose of this loan program is to assist Prince Edward Island fishers experiencing financial difficulties due to the...
This program is now closed.
A Housing Development program has been designed to invite developers/contractors/landlords to submit proposals for new residential development projects on PEI including infrastructure. This loan program is intended to...
Finance PEI provides term financing for purchasing capital assets and operating capital for the business’s accounts receivable and inventory. Capital loans are repaid over the life expectancy of the asset and the company's operational cash flow. Maximum...
Finance PEI offers term loans for purchasing capital assets and operating loans for the business’ accounts receivable and inventory. Capital loans are to be amortized over the life expectancy of the asset and based on the company's operational cash flow...
The newly implemented Micro-Loan Program acknowledges and supports entrepreneurship on Prince Edward Island. This new loan initiative will help assist entrepreneurs with financing and working capital requirements with Finance PEI providing loans up to a...
This program currently closed. Please visit Housing Development Challenge.
The Multi-Unit Residential Loan Program provides a financing program for property developers which will assist in the construction of multi-unit residential developments on PEI....
The new Potato Financing Program announced by the Province of PEI will provide assistance to eligible PEI Potato farmers impacted from the recent suspension of both seed and fresh table stock potatoes entering the United States through a joint...
Toute demande de prêt doit être présentée au programme de chauffage des immeubles résidentiels avant le début des travaux. Les projets terminés ne peuvent recevoir de financement après coup.
Le programme de chauffage des immeubles résidentiels fournit...
Disclosure of new loans in excess of $100,000
In the interests of balancing government’s obligation of openness and transparency, with the need to protect the privacy and sensitive information of Finance PEI and Island Investment Development Inc....
Le Programme pilote de prêts à faible intérêt pour les centres de la petite enfance (CPE) a été conçu en partenariat avec le ministère de l’Éducation et de la Petite enfance afin d’offrir une possibilité de financement pour la construction de nouveaux...
The Rent-to-Own Pilot Program gives Island residents with modest incomes who do not currently own a home the opportunity to “rent to own” an eligible home, up to a maximum value of $350,000 (including HST, if any).
Eligible Islanders can submit...
Loan Applications to the Rental Property Heating Program must be made before any work commences; financing is not available for projects that are already completed.
The Rental Property Heating Program (RPHP) will provide owners of an existing long-term...
This program is designed to meet the special needs of Prince Edward Island's small business community and entrepreneurs for the following purposes:
purchase and/or acquisition of business
expansion
new construction
It does not provide working...
The Subdivision Development Financing Program (SDFP) is a financing support pilot program that will help qualified developers offset infrastructure costs for long-term residential housing developments. This program will support projects funded through...
This program is designed to meet the particular needs of Prince Edward Island tourism operators for the following purposes:
purchase of business
expansion
new construction
repair or updating of fixed assets
The amortization period must coincide...
Program now closed
The Tourism Interest Relief Program announced by the Province of Prince Edward Island will provide assistance to Island tourism operators through a joint partnership of Finance PEI and...
The Winter Production Financing Program is now included in the new Micro-Loan Program.
Please refer to the Micro-Loan page for details.