RESO manages the Fonds local d’investissement (FLI), dedicated to the start-up and strengthening of businesses.

The FLI fosters entrepreneurship, and in this spirit, supports new entrepreneurs in their projects to:

• Create and sustain viable businesses in Montreal’s Sud-Ouest.
• Finance the start-up and expansion of projects run by both organizations and individuals.
• Sustain job development.
• Contribute to the Sud-Ouest’s economic development.

The FLI is intended for individuals with projects in the marketing stage, offering the support, advice and technical assistance their projects require.

Target clientele:

• Self-employed workers
• Businesses in the social economy
• Profit-seeking businesses

• Simple loan investment of up to $25,000 at prime plus risk factor
• Personal endorsement of promoters
• Investment by promoters
• Submission of a complete business plan
• Application fee: 2.5% of loan, including non-refundable $125 deposit

For more information, Maria Sanchez.