Are loans the best way to finance a startup business in Canada?
Loans are perhaps the most common method of using external finance sources to fund a startup business in Canada. However, they are not the most popular because grants, though more difficult to get than loans, offer money on better terms. Also note the eligibility requirements, intended uses, and other conditions of the startup loans that you are looking at. If you do not find startup loans in Canada that suits your small business, you may need to look into national or provincial options as well to widen your potential choices.
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Unsecured start up small business loans can be obtained for your small business in Canada by completing the application process provided after determining your eligibility …Read Full Answer
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