We Can Help
COVID-19 is a world health pandemic that has had a dramatic impact on both our society and the business community as a whole. As a result, the Canadian government and respective departments have created two programs to assist businesses. These programs are the Canada Emergency Subside (CEWS) and Canada Emergency Business Account (CEBA). Fletcher’s Business Services is working with our clients to help secure financing and assistance in this troubling time.
Canada Emergency Wage Subsidy (CEWS)
This program first proposed by the government on March 27th, 2020 is designed to help cover payroll obligations for qualifying businesses.
If your business qualifies you can receive up to 75% re numeration up to a maximum of $847/week per employee.
Our team of financial professionals and advisors will work with you to help determine eligibility and fill out all needed documents to get you the assistance you require in a timely manner.
COVID-19 Affecting Your Business?
Canada Emergency Business Account (CEBA)
The government of Canada announced the Canada Emergency Business Account (CEBA) program on May 19 to assist businesses whose revenues are down as a result of COVID-19.
The program offers up to $40,000 0% interest loan up to December 31, 2022, with options to have up to $10,000 of the loan forgiven if paid in full by the due date. If not paid in full the loan will then convert to a loan with a 3-year term with an interest rate of 5% per annum.
Our team of financial professionals will guide you through the process and help you secure the financing your business might urgently need during this crisis.
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