Administered by Government of Quebec · Last verified: July 2026
PME MTL is the City of Montreal's business support network, and the Fonds PME MTL provides loans to private companies, social enterprises, and cooperatives across the island of Montreal. The money can be used for working capital, fixed assets, marketing, or buying and renewing equipment. Funding is delivered through your local PME MTL service centre based on where your business is located.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityFonds PME MTL (Montreal Business Loan) is generally open to incorporated, partnership businesses, in Quebec. Confirm the full criteria on the official program page before applying.
The estimated value is Loans up to $300,000, or up to $450,000 when combined with the innovation fund. The actual amount depends on your eligible costs, the program's budget, and approval.
1. Find your local PME MTL service centre by postal code 2. Book a meeting with a PME MTL business advisor 3. Prepare a business plan and financial projections 4. Submit your financing request through the service centre
$250,000 to $2 million per company (up to $4 million with co-investors)
INCENTIVEUp to $25,000 in financing
INCENTIVELoans on projects from $250,000, amortized over 5 to 8 years