Tariff Working Capital Assistance Program
Up to $500,000 in working capital financing at 4% fixed rate for PEI businesses impacted by US tariffs.
About this program
Offered through Finance PEI, the Tariff Working Capital Assistance Program provides working capital financing to PEI businesses impacted by US tariffs. Eligible applicants can receive up to $500,000 over 6 years at a fixed rate of 4%, with principal payments deferred for 12 months. The program aims to ensure operations can be maintained, jobs preserved, and impacted organizations can invest in market and supply chain alternatives. Part of PEI's broader response to ongoing trade uncertainty with the US market.
Eligibility
PEI businesses impacted by US tariffs requiring working capital to maintain operations, preserve jobs, or invest in market/supply chain alternatives.
Requirements
- PEI-based business
- Demonstrated impact from US tariffs
- Working capital needs (operations, supply chain pivot)