Can I apply for a startup business loan with fair credit?

Yes, you can apply for a startup business loan with fair credit rating. There is a Canadian government grants and loans program that has been designed to help many new business owners with getting started. Because this program has been designed to help out many persons who may not have the additional financial resources, there is a loan that you may be eligible for even if you have only a fair credit rating. Loans are provided with very low repayment interest rates, and some loans may have a conditionally repayable arrangement, depending on how your business is doing.

Get your small business funded through government grants, loans and private investor programs. To get access to our Funding Database which has over 1,500 funding programs, become 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.