Can I apply for line of credit business loans from the government?

It’s important that you understand what line of credit business loans consist of. This is more often the type of funding that you would seek from private institutions. If you have a small business that is in need of funding there may be other alternatives besides the line of credit business loans. For example, the Canadian government has several grants and loans in place to assist small businesses. These funds can be utilized for starting up a new business, expanding an existing small business or even helping a small business that has run into financial difficulty.

Take a moment and become a registered member with CanadaStartups. You will get access to the Funding Database at which point you will be able to conduct a funding search to see how much funding may be available for you and your business. On top of that you also get access to the step by step business startup guide, the Investor PitchDeck and the Investor PitchDeck. This gives you all you need to startup, launch and fund your small business in Canada. Register to get access 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.