Are there small business term loans in Canada?

Yes there are small business term loans available in Canada. It is important to note that every term loan offered in Canada has a specified repayment schedule as well as a floating interest rate. They are also known to almost always mature between one and ten years. If you are looking into small business term loans to purchase fixed assets such as equipment, they could be the correct option for you.

Are you ready to move forward with your business? If you need funding, you’ve come to the right place. By becoming a member of CanadaStartups, you get access to the Funding Database, the Business Plan Builder Tool, the Investor PitchDeck and the Step by Step Business Startup Guide. This is all that you need to succeed. Take a moment now and become a member. It literally takes 1 minute.

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.