Can a loan help me start a business in Canada?

To start a business in Canada you may be in need of extra funds, which can be acquired through a loan. Government loans are offered for this purpose. All choices have their own eligibility requirements. However, they are not the same as those of the bank. So, if you have been rejected by the bank when seeking funds before, you may still have a chance. You can check which loans may be of use for new business by looking at the intended uses for the funds. Also check the eligibility requirements when narrowing down the funding offers. Loans also have their own interest rates, terms and repayment schedules.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

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.