Can I get a loan in Canada for an online business?
Canadian business loan funds can be used for online business in most cases, unless the intended uses of the program itself states otherwise. There are specific offers for online businesses only. However, there are less of these choices than general purpose options for all business types. If you are seeking a loan, first check the eligibility requirements and intended uses to narrow down your choices. Then further sort through the list based on the interest rates, terms and repayment schedules for the options.
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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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