Are bank loans the only ones in Ontario for small business owners?

Small business owners in Ontario can choose from government loans offered in the province as well as the bank loans that they may be looking at. However, in many cases the government funding options for businesses are more helpful than loans from the bank. Many have low or no interest, and there are different eligibility requirements for each loan. Look at the terms, repayment schedules and purposes for the funds to learn more about government loans.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as 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.