Can just any business in Ontario, Canada get start up loans?
Loans to cover start up costs are available for small business in Ontario. However, the offers change annually to better suit economic changes and the funding set aside from the national government for the cause. There are also provincial and national small business loans that may allow entrepreneurs to cover the initial costs that they may incur. When seeking a loan, invariably note the eligibility conditions, intended uses, and interest rates. This also goes for the terms and repayment schedules.
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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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