Can someone receive a small business loan without a personal guarantee of financial assets?
Actually, someone can receive a small business loan without a personal guarantee of financial assets. Through the government grants and loans program, it is possible to help a business that is experiencing financial difficulties without the additional worry of not being able to get a loan. The Canadian federal and provincial government grants and loans program provides billions of dollars to help small businesses in Canada through business improvement loans or business expansion loans, and you do not have to worry about having a personal guarantee of financial assets to receive this type of loan.
What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibilityÂ…so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding search.
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.
The Canadian government gives many small and large grants, relatively speaking, by way of the national, provincial and local levels of government. Many grants are …Read Full Answer
There are government grant applications for small business funding through the Canadian government grants and loans program for small business funding. This is money that …Read Full Answer
A business in Canada may indeed apply for grants from the federal government if that small business meets the terms of eligibility determined as necessary …Read Full Answer
A small business in Vancouver may be able to use grants for expanding the scope of their operations, such as penetrating new markets, building bigger …Read Full Answer
Borrowing money to start your new business can be a huge investment for the long-term success of your business. Having the necessary money at start …Read Full Answer
Similar Topics: small business loan without personal guarantee