Businesses experiencing financial difficulties

We know what a huge impact financial difficulties can have on businesses. It can make it tough to stay open, make payroll and keep cash on hand.

During these uncertain times, Desjardins Business and Desjardins Capital are here for you.

Our support includes customized solutions

Each situation is unique. That's why we offer you support tailored to your business needs.

Government programs

We're working closely with the federal and provincial governments to provide additional solutions and support during this challenging time. If you need more information, reach out to your account manager. They can work with you to find the right solution for your needs.

See all business support programs offered by the Government of Canada

See all support programs offered by the Government of Quebec

Canada Emergency Business Account (CEBA)

Ended on June 30, 2021, this federal program provided interest-free loans of up to $60,000 to small businesses and not-for-profits experiencing temporary financial hardship to help cover their operating costs.

Learn more about the program on the Canada Emergency Business Account site - External link. This link will open in a new window..

Loan and repayment terms

Interest-free until December 31, 2023, with no principal payments required
If the loan is reimbursed no later than December 31, 2023, you can benefit from the following terms and conditions:
- Total loan of $60,000
  - No interest to pay
  - Amount to repay: $40,000
  - Amount of incentive: $20,000
- Loan of $40,000
  - No interest to pay
  - Amount to repay: $30,000
  - Amount of incentive: $10,000
If there's still a balance to pay on January 1, 2024:

You can set up a 2-year repayment term (principal + interest) or keep the loan with a 5% interest rate

The loan must be repaid by December 31, 2025

Repaying your loan

Pay back all or part of your loan online in AccèsD Affaires or using the Desjardins mobile app. Select Financing and credit cards, then select the loan for the Canada Emergency Business Account and click Make a payment. Transactions can be carried out in Canadian dollars only. Allow 2 business days for your transaction to be processed.

Repay your loan

BDC credit program for businesses heavily impacted by COVID-19 – guaranteed loans

Low-interest loans of $25,000 to $1 million
100% guaranteed by BDC
Accessible to small and medium-sized businesses that have seen their revenues decrease by 50% for at least 3 months
Competitive interest rate

To apply, contact your account manager.

Learn more - on the credit program - External link. This link will open in a new window.

Concerted Temporary Action Program for Businesses with Investissement Québec – Guarantee

Loan amortization period of up to 60 months
Moratorium on repayments of up to 12 months
Specific conditions for the tourism industry
Changes for certain businesses located in regions under maximum alert (red zones): loans of less than $50,000 are offered by the Emergency Assistance for Small and Medium-Sized Businesses program - External link. This link will open in a new window.

To apply, contact your account manager.

Exclusive partnerships

We know that the current situation and employees returning to work raise concerns for your business. That's why we called upon partners to give you exclusive offers and preferred rates.