Are the government small business loan rates better than private institutions?
The government small business loan rates that are offered through the Canadian government grants and loans programs for small business funding are much better than what you will find in the private sector. The government small business loan rates have been kept low in order to allow small businesses to get on their feet financially without having undue hardship to pay back business loans. The Canadian government grants and loans programs are the funding section of the government that looks after small business funding.
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