Are there other options in Canada if I get turned down for a bank loan for my business?
Canadian small business owners that have been denied a bank loan may want to consider government loan programs for solving their financing issues. Aside from researching the government loan options that are suitable for their business in Canada, you may also want to consider applying for multiple loan programs at the same time in order to increase the chance of success.
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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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