Are there grants and loans for small businesses in Canada?
The government has grants and loans for small businesses in Canada. If you are considering seeking funding for your business, first you will need to know what you will use the funding for and how much you need. Then you can compare your needs with the intended uses of the options available to find the ones that will work best for you. Always take into consideration the eligibility requirements for each grant and loan. This is because they differ. Loans also have their own interest rates, terms and repayment schedules to help you narrow down the choices.
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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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