The Small Business Loan Guarantee Program in Nova Scotia offers financial support to small businesses, including start-ups and social enterprises. The program provides loans with a guarantee of up to 90% by the province, with a maximum loan amount of $500,000. It is available to various business structures, including not-for-profits, co-operatives, and private businesses. To qualify, businesses must be based in Nova Scotia and members of a local Credit Union. The program aims to facilitate access to capital for businesses that have a positive social or economic impact on their communities.
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