Finance PEI

Applicants can apply to receive a conditionally interest free loan of up to five percent of the purchase price of a home, up to a maximum loan of $17,500. Payments can be waived for the first year of the loan. Penalties will apply if loan repayments are not made in full and on time.

Provides repayable loans up to $10,000 towards 100% of invoiced costs to help homeowners with upfront costs for equipment, materials, and installation for applicants approved under the following efficiencyPEI programs: Energy Efficient Equipment Rebate Home Insulation Rebate Energ...

Provides entrepreneurs with a loan of up to $100,000 to use as an investment in new and existing PEI businesses. Loans are sourced directly through Finance PEI with terms up to a maximum of 7 years. Interested is charged at a floating rate of TD Bank prime plus 3%.

Provides an opportunity to PEI residents to own an eligible home that is up to maximum value of $350,000 (including HST, if any). Finance PEI will purchase a home on behalf of an approved participant who will in turn enter a five year Rent-to-Own agreement with Finance PEI on the same day the...

Provides PEI homeowners with a repayable loan of up to $30,000 toward 100% of eligible invoiced costs for the purchase and installation of select energy efficient heating equipment upgrades. Includes: Electrical service upgrades Air source heat pumps that are Northeast Energy Efficie...