Fiducie du Chantier de l’Economie Sociale

Impact Areas:

The Trust invests exclusively in social economy enterprises, especially not-for-profit organizations and cooperatives with fewer than 200 employes. The Trust has invested a total of $195.27 million, enabling the creation and consolidation of over 1,687 jobs.

Abbreviation:

FCES

Website:

Funding Amount:

> $1 Million, $100k - $1Million, $50k - $100k

Geographic Area:

Quebec

Summary:

The Chantier de l’economie sociale Trust offers loans with a 15-year capital repayment moratorium. This patient capital is to be used to support social economy enterprises’ operations and contribute to their real estate investments for the development of new activities.

Program Objective:

Operations Patient Capital (unsecured): 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. Real Estate Patient Capital (secured): to finance costs directly related to the acquisition, construction, or renovation of real estate assets such as land, building, warehouse, etc.

Investment Type:

Loans

Key Features:

Patient capital loans with a 15-year capital repayment moratorium.

Client Group:

Not-for-profit organizations and cooperatives with fewer than 200 employees