Are all gov small business loans for a start up unsecured?

Not all Canadian gov small business start up loans are unsecured – there are different types of small business loans offered by the gov beyond those that are unsecured or for a start up. There are other things that differ from loan to loan that should be made note of. These may include the interest rate, repayment schedule, prerequisite conditions, and other terms. If you need funding for your small business, a government loan may be a wise choice to get you off to a good start financially without incurring unreasonable debt and interest. If you want to look for a loan you can use, do not overlook offers at the provincial and local levels as well as national ones.

Are you ready to move forward with your business? If you need funding, you’ve come to the right place. By becoming a member of CanadaStartups, you get access to the Funding Database, the Business Plan Builder Tool, the Investor PitchDeck and the Step by Step Business Startup Guide. This is all that you need to succeed. Take a moment now and become a member. It literally takes 1 minute.

You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.