Are Canadian government loan rates for a new business better than those offered by banks?

The loan rates offered by the Canadian government loans for a new business are usually noticeably better when compared to what private lenders such as banks offer. The new small business loans and their rates have been put in place to allow some breathing space to new small businesses without overburdening them with a lot of financial response abilities when they are first starting out.

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.