Are there restrictions that apply to Ontario government loans?
The Ontario government offers small business loans for an array of reasons. As such, the type of restrictions that may apply to a specific funding program will be determined by its purpose and intended recipient demographic, amongst other things. Some restriction examples include what the money may be used on, existing capital to be used as collateral, current credit status.
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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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