Can I use my business’ property as an investment to improve the chance of getting loans in Canada?
In some instances, Canadian government may be offering small business loans to eligible applicants whereby it is not willing to make an investment in the applicant without some sort of collateral being put up against the money lent. In such cases, property is often used in this role. It is essential not to lose sight of other potential values government loans in Canada can have for an eligible small business. These may include enabling a successful applicant to make an investment in new equipment or commercial property that will allow the company to expand production or the like.
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