# Tourism Financing Assistance - Long Term Loan

**Type:** Grant
**Category:** Other Programs
**Eligible Regions:** Prince Edward Island
**Official Source:** https://www.princeedwardisland.ca/en/information/finance-pei/tourism-financing-assistance

## About This Program

Loans for Prince Edward Island (PEI) tourism businesses

## Details

This program is designed to meet the particular needs of Prince Edward Island tourism operators for the following purpose: purchase of business, expansion, new construction, and repair or updating of fixed assets. These loans may be used for the purchase of machinery, equipment, real property and buildings, or other items of a capital nature. Vehicles that do not directly contribute to the business's income or sales are not eligible. In some cases, operating capital is available for the Tourism sector for seasonal start up.

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