Canada Small Business Financing Loan
What are the features?
An opportunity to access financing where 85% of your small business loan is guaranteed by Government of Canada, so there’s less risk
Up to $350,0001 in financing to buy equipment and vehicles, and/or make improvements on a leased property
Up to $1,000,0001 in financing to buy or improve commercial property (land and/or buildings)
Purchases made within 180 days prior to loan approval are eligible for retroactive financing
Floating rates available as well as fixed rates with terms up to 10 years
Who’s it for?
- Start-ups and established for-profit businesses located in Canada with gross (or projected) revenues not exceeding $10 million
- Organizations not eligible include farming businesses, holding corporations, trusts, not-for-profits, charities and religious organizations