Local investment funds (FLI) and local solidarity funds (FLS)
The FLI, Quebec's local investment funds, lend to businesses through each regional county municipality (MRC). A business can borrow up to $150,000 per 12 months, covering no more than 50% of a project's eligible costs. The FTQ local solidarity funds (FLS) usually lend alongside the FLI. The current rules run until 31 December 2028.
Start an applicationProgram facts
| Type | Loan |
|---|---|
| Who qualifies | Quebec businesses with a project in the MRC where they apply. |
| Amount or rate | FLI: up to $150K per 12 months, and no more than 50% of eligible costs. FLS loans are usually paired with the FLI. |
| Intake status | Open. Open. The current rules run until 31 December 2028. Official page updated 20 August 2026. |
| Run by | Government of Quebec, through each MRC; FLS with the Fonds de solidarité FTQ |
| Checked on | 8 October 2026 |
| Official page | https://www.quebec.ca/entreprises-et-travailleurs-autonomes/liste-partielle-aide-financiere/developpement-economique/fonds-locaux-investissement |
How it pays
The FLI is a loan, so it is repaid. It can cover at most half of the project's eligible costs, which means the other half has to come from somewhere else: the business's own money, a bank, another lender, or an FLS loan alongside.
Because each MRC runs its own fund, the people to talk to are local. The official page explains the program; the MRC handles the file.
Funding your share while you wait
On a $200,000 project, the FLI can lend at most $100,000. The remaining $100,000 is the business's to assemble, and that is where projects slow down.
If the project is equipment, equipment financing can cover it directly. For a broader project, a term loan can carry part of the remaining half. Voxen assesses both on the business's revenue and bank statements, independently of the MRC's decision.
The Voxen products that fit this program. Ranges are the ones on each product page; every file is assessed on the business's revenue and bank statements.
| Financing | Range | What it covers here |
|---|---|---|
| Term Loan | Loan Amount: $10,000 – $2,000,000 | Your share of a larger project, repaid in fixed instalments over several years. |
| Equipment Financing | Equipment Value: $10,000 – $5,000,000 | The equipment itself, whether a machine, a truck or a heating system, financed against that equipment. |
| Line of Credit | Credit Limit: $10,000 – $1,000,000 | Working capital while you wait for a reimbursement or a refund. Draw what the project needs, pay it down when the money arrives. |
Related programs
| Program | Type | Status | Checked |
|---|---|---|---|
| PME MTL funds | Loan or grant (non-repayable) | Open | 8 October 2026 |
| ESSOR | Grant (non-repayable), loan or loan guarantee | Continuous intake | 8 October 2026 |
| Canada Small Business Financing Program | Loan guarantee | Continuous intake | 8 October 2026 |
- PME MTL funds (Fonds PME MTL and FLS Montréal)
- ESSOR (Investissement Québec)
- Canada Small Business Financing Program (CSBFP)
- More programs for this situation: Local and project loan funds
Not sure which program fits? Ask us
Tell us about the project and we will tell you which programs are worth a look and what financing could carry your share. Voxen does not prepare grant applications; if you want help with one, we can point you to specialists who do that work.
Notice
Voxen Capital is a private financing broker, not a government body. It does not decide, influence or guarantee any grant, credit or government loan, and it does not prepare grant applications. Program details change: check the official page before you apply.
Frequently asked questions
How much can the FLI lend?
Up to $150,000 per 12 months, and no more than 50% of the project's eligible costs.
Is the FLI a grant?
No. The FLI and the FLS make loans, which are repaid.
Where do I apply?
Through the MRC where the business operates. Each MRC manages its local fund.
How long do the current rules apply?
Until 31 December 2028.