How can the Fonds support my business in the face of U.S. tariffs?

Why is the Fonds offering relief to its partner companies?

The goal of this relief measure is to give companies immediate breathing room so they can get through this difficult period with minimal repercussions.

Is this the first time the Fonds has implemented a measure like this?

The Fonds also offered a deferral to its partner companies at the start of the pandemic in 2020.

Is the deferral automatically granted to partner companies?

No. Fonds network representatives will be reaching out to affected businesses to discuss their options. Partner company leadership can also contact the Fonds at entreprise@fondsftq.com.

Will interest continue to accrue during the deferral period?

Yes. The Fonds offers affected partner companies the option to defer the repayment of loans, both principal and interest, to help them free up cash flow in order to cope with customs tariffs.

Are Fonds régionaux and Fonds locaux businesses also eligible for a deferral?

Fonds régionaux businesses are eligible. For Fonds locaux businesses, it is up to FLS managers to determine eligibility. Note that companies financed by Fonds locaux tend to work more closely with regional county municipalities.

Is the Fonds' current portfolio impacted by the tariffs?

Over the past few months, we have launched an assessment of the impact of tariffs. This assessment will continue as long as US tariffs remain a possibility.