Are all government business loans offered in Canada long term?

No, not all government loans to be found in Canada are long term; some Canadian small business loans are offered over a short term compared to contemporary loans from private banks. One of the biggest detriments to successfully applying for small business Canada government loans, long term or otherwise, is improper or insufficient preparation. Not properly preparing can lead to an applicant applying to programs they are ineligible for, which means thorough research into more appropriate Canadian small business loans is worth spending the required time.

Get your small business funded through government grants, loans and private investor programs. To get access to our Funding Database which has over 1,500 funding programs, become a member today.

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.