Can I start a business in Canada without credit?

To start a small business in Canada it may help to have a favourable credit rating, or credit. However, it is by no means essential. If you have a small business plan and budget in place from the beginning, it will be easier for you to plan what you will need money for down the line. You need to find options for you to get the funding you need. There are government loans especially for people with bad credit or no credit that you may be able to use for your small business, and some small business grants you can apply for also.

Are you ready to move forward with your business? If you need funding, you’ve come to the right place. By becoming a member of CanadaStartups, you get access to the Funding Database, the Business Plan Builder Tool, the Investor PitchDeck and the Step by Step Business Startup Guide. This is all that you need to succeed. Take a moment now and become a member. It literally takes 1 minute.

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.