The government small business loans and grants each has its own criteria and mandate that must be met and individual circumstances for paying back. The government small business loans and grants come under the Canadian government grants and loans programs for small business funding. In the case of grants there is usually no payback as it is a grant. In the event of you receiving loans then there will be payback terms attached to this but they are usually quite liberal with a lengthy payback time allowed.
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.