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Soumettre Une Seule Candidature.pdf

FAQs-CANNA-BUSINESS-REVOLVING-LOAN-FUNDS.pdf

Preview of soumettre une seule candidature

🔗 Source: portal.ct.gov

📊 Size: 109 KB

👤 Author: Matrevi, Komla

⬇️ Downloads: 72

Summary

The Cannabusines Revolving Loan Fund is available to Social Equity Lottery Applicants with a provisional or final adult-use cannabis business license in Connecticut. Applicants must be at least 21 years old and can only submit one application, regardless of the number of licenses held. The funds can be used for working capital and lines of credit, but not for taxes, licensing fees, or personal needs. A minimum equity investment of 20% is required, and loans have a fixed interest rate between 6% and 9%, with a possible 1.50% discount for completing the SEC Cannabis Business Accelerator Program. The loan terms are up to 10 years, with working capital loans amortized over 2 years and lines of credit maturing at the end of year 5.

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Description

The Cannabusines Revolving Loan Fund is available to Social Equity Lottery Applicants with a provisional or final adult-use cannabis business license in...

Technical Information

File Format: PDF
File Size: 109 KB
Pages: 3
Language: EN
Author: Matrevi, Komla
Total Downloads: 72
Last Updated: 2 weeks ago

Document Overview

This PDF document about soumettre une seule candidature provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into soumettre une seule candidature.