Most often small businesses that are in financial straights have a variety of reasons why they need the money. The Ontario government new business loans have several different programs in place that are designed to meet the various business needs. There is a good possibility that you will qualify for more than one of the ontario government new business loans if you can show the reason why you are in need of the money. For example, you may want to do some expansion and at the same time retraining some of your staff. There may be programs in place for both of these needs and it’s a matter of you making the application to the right programs in order to see if you qualify. The first thing you want to do when you are considering small business financial assistance is take the guesswork out of where to start.
If you are looking to find funding for your small business in Canada, one of the easiest ways to find funding is to get access to our Funding Database where we have over 1,500 funding programs including government grants, loans, financial assistance programs as well as private investor options. Take the right step forward and start the search for funding now by becoming a member of CanadaStartups!
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.