The Highly Affected Sectors Credit Availability Program, or HASCAP, has been launched by the Canadian Government in an effort to provide financial support to businesses that have been hit the hardest by the pandemic. Eligible businesses can apply for aid as early as Feb. 1, 2021, at principal financial institutions, and more widely by Feb. 15, 2021.
HASCAP Guarantee available until June 30, 2021
The loans range between $25,000 and $1 million for single businesses, with the amount depending on the size of the operation. Companies with multiple locations, such as a chain of hotels or restaurants […]