Are Canadian startup owners eligible for government small business loans?
Not all Canadian small business loans permit startup applicants. So, you will need to research the available programs to see which you are eligible for. Eligibility for small business loans for startup needs in Canada will depend upon a number of factors. These may include the viability of the intended use of the funds, current economic standing, and future prospects of the applicant.
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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.
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