Carleton has extended its Employee Purchase Loan Program. The program is intended to assist continuing employees in financing certain categories of products. The program previously only including financing for technology purchases but has now been extended to support the university’s sustainability goals, with financing for active forms of transportation.
This means that you can now finance the purchase of bicycles, including electric bicycles and additional eligible items such as pannier bags, trailers, and security products, up to a loan value of $5,000. Each loan shall be from one to three years and is repaid from your post-tax salary on a per-pay basis. The full loan details are available here.
With spring around the corner, this is a great way to fund your new bike and enjoy Ottawa’s vibrant cycling culture which now boasts over 980km of multi-use pathways and bike lanes, as well as thousands of bike parking spaces making sightseeing stops around the city easy.
