Are corporate and small business loan programs in Canada the same?

A corporate and small business loan offered by the Canadian government can be the same because some small businesses can be incorporated. However, in general perception no, a corporate loan is meant to handle a company with too many employees to be considered a small business. There are corporate and small business loan programs offered each year in Canada that are funded from money set aside from the budget for provincial and national governments. This money is allocated into loan funds based on the determined level of need.

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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.