Evol Business Loan for Growth, Acquisition, or Succession
LoanCanada — federal$20,000 – $450,000
Evol offers business loans ranging from $20,000 to $450,000 for growth, acquisition, or business succession projects. The lender requires a minimum 5% capital contribution from the borrower and prioritizes impact enterprises and eco-friendly businesses that contribute to sustainable development goals.
What you'll need
- Business plan and/or project summary
- Two-year financial forecasts
- Financial reports for the past 3 years (when possible)
- Most recent interim financial statements
- Signed letter of offer and/or tax memo (for acquisitions)