Are there typical business loan rates I can ask about for my loan?
The Canadian government provides small businesses in Canada help with financing their business in a number of ways. The small business loans program offers different types of loans, and the typical business loan rates are offered to make it affordable for the borrower. Interest rates may be fixed or variable, depending on the type of loan that is taken. There are very low interest rates of repayment or even interest-free loans. The goal of the government program is to make it affordable for small business owners like you.
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