How long does it take to get a loan?

This depends on a number of factors, including how many loan requests we receive and how quickly you provide us all the necessary information. Rest assured that we will process your loan request as quickly as possible.

How is the interest rate calculated?

We calculate the interest rate on our small business loan as follows: Current floating base rate + variance based on your personal and business information = interest rate As a result, the interest rate varies by client.

What type of information will I need to complete the online loan application form?

You will need to have the following information on hand: Business information: Complete and up-to-date business information as listed in your business registry (having a copy of your up-to-date business registry may be helpful). Names, email addresses, home address and mobile phone numbers for the company’s president, members of the board of directors, and shareholders. Business void cheque. Personal information: 1 piece of government-issued photo ID The online application form specifies the type of information that will be requested in each section. It also lets you save your work at various points in case you need to obtain certain details and return later to complete the form.

Who gets a credit check when I apply for a loan?

All owners of 25% or more of the business Members of the board of directors

I don’t see my question here. What do I do?

Check out the list of frequently asked questions (FAQ) about the small business loan conditions, the loan process and an ongoing financing request. See complete FAQ

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Portfolio company

Ayrton Energy

Details

Region

Prairies and West

Industry sector

Cleantech, Energy

Investment year

2024

Fund

Climate Tech Fund

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Lead

Cheri Corbett

Partner

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About the company

Headquartered in Calgary, Canada, Ayrton Energy is the developer of a first-of-its-kind clean hydrogen storage system to enable stable, long-term storage and transportation at room temperature. Compatible with existing infrastructure, Ayrton's scalable solution supports the widespread deployment of clean hydrogen globally for an emissions-free future. Learn more at ayrtonenergy.com.

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Ayrton Energy

Cheri Corbett

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