Tariff Working Capital Assistance

This loan program supports Prince Edward Island businesses impacted by recent U.S. export tariffs by providing access to working capital financing. The goal is to help maintain business operations, retain jobs, and adapt supply chain strategies during trade disruptions. Eligible companies can secure low-interest financing to manage immediate challenges and plan for long-term resilience.

Eligible funding may include:
• Working capital to sustain day-to-day operations
• Financial support to retain staff and manage payroll
• Investments in supply chain diversification or tariff mitigation strategies

This program helps businesses remain stable while responding to evolving trade conditions.

Quick View

Funding Amount

Loan of up to $500,000 at a fixed 4% annual interest rate, with principal payments deferred for 12 months

Eligible Applicants

Any PEI-registered business involved in export activities impacted by tariffs

Eligible Purposes

Funding may be used to support business continuity and tariff response efforts, including:
• Operating capital to sustain payroll, inventory, and fixed expenses
• Employment retention and wage support
• Adjustments to supply chains or market strategies due to tariff impacts

Other costs may be eligible if they support continuity during trade-related disruptions.

Deadline to Apply

Apply before March 31, 2026, or until all funding is fully allocated

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Export Enhancement and Diversification