Are the low interest rate personal government loans applicable to small businesses?
Some may consider the low interest personal government loans the same as the small business loans that the Canadian government offers to small business. They often refer to them as personal, being small business owners. The low interest personal government loans in the context of the small business loans is something the government has put in place for small businesses to give them a start. The onus is upon the business owner to repay the loan according to the contract that they have entered into with the government for the loan that is applicable.
What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibilityÂ…so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding search.
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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