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impact provides access to capital; up to $25,000 in business loans throughout urban Atlantic Canada, with flexible equity, interest and repayment terms.

Everything you need to know


Repayable loan to a maximum of $25,000 at any given time

No Penalty

prepayment accepted, in whole or in part, at any time without penalty


Flexible interest rate starting at prime plus 2%


Flexible repayment period up to five years


Your Knowledge - Your Growth - Your Revenue

If you are a young entrepreneur (between 18 and 39) living in St. John’s or Mount Pearl, impact may be able to help you start, expand or modernize your business.  Over 39 and looking to start up a new business? The Program may also be able to help. Eligible clients of (all ages) may also access business training and counselling.


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