The Canada Small Business Financing Program makes it easier for small businesses to obtain loans from financial institutions by sharing the lender's risk with the government.
The Canada Small Business Financing Program makes it easier for small businesses to obtain loans from financial institutions by sharing the lender's risk with the government. It is a loan, fully repayable to the lender. Recent enhancements added new classes of loans, larger amounts, longer terms and a line-of-credit option, now offered by most financial institutions.
Small and medium-sized businesses operating for profit in Canada. Applications are made through a participating financial institution, not to the government directly.
Verified against the official source
A person checked this program against the administering body's own page on that date. Programs change between checks, so confirm eligibility, amounts and deadlines before you apply. How dates like this are earned: our verification methodology.