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I-16.1 - Act respecting Investissement Québec and La Financière du Québec
Section 51
Disposition versions
51. The object of La Financière du Québec is to provide financial support to Québec enterprises or enterprises locating in Québec, mainly by lending money to such enterprises or by guaranteeing the financial obligations they contract with financial institutions.
The financial support of La Financière du Québec may consist in providing, alone or in partnership with financial institutions or other bodies, any form of financing so as to enable enterprises to increase their business investment or in providing support for their research and development or export projects.
51. The function of Garantie Québec is to facilitate the financing of Québec enterprises, mainly by guaranteeing the financial commitments they contract with financial institutions.
Garantie Québec may also grant any other form of financial assistance, in particular in order to promote investment in small and medium-sized businesses or to provide support for their projects in the area of research and development or exports.
