Can I apply for a term business loan for my small business?
Definitely, you can apply for a term business loan for your small business. There is a loans program offered through the Canadian government that is specially designed to support the growth of Canadian entrepreneurs in Canada. Term business loans are available to provide small businesses like yours with additional money when needed and with a repayment arrangement that you can meet. This term business loan can help you during times when the business is slow and you may need money to pay the bills and purchase supplies for your business. The terms can be arranged according to your financial circumstances, with a manageable length of time of repayment.
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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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