Are there any business loans made available by the Canadian government?
The government typically provides an ample amount of small business assistance, and small business loans are an extremely vital part of that. Assuming you meet the prerequisites, loans can be available to assist within the opening of a new small business, debt relief for struggling companies and the expansion and diversification of growing companies. If you are unable to obtain funding via government sources, private lending institutions in Canada are often willing to consider loans to appropriate candidates, but the terms are usually less favourable.
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