Can I get free business loans that I don’t have to pay back for my small business?

In order to get free business loans that you didn’t have to pay back you would have to apply for one of the federal provincial grants for small businesses. In most cases grants have no payback requirements. To get free business loans however, you would most likely have to either pay back the principal amount, or the principle and a small interest. Each of the small business grants and loans has its own set criteria as to its requirements for paying it back.

Take advantage of our Funding Database with over 1,500 funding programs including grants, loans and private investor options. Don’t hesitate to get your business funded. Start your funding search right away by registering as a member.

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.