The small business financing program in Canada offers a variety of types of assistance. There is the Canadian loans and grants programs where some are pay back loans for small interest rates and others are grants with no payback. The conditions of the loans vary as well where one type may be a lump sum payment while others are done in increments. In order to know whether the small business financing program in Canada can be used more than once, it is beneficial to talk to a qualified representative that is well versed in the types of loans that are being offered.
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Ontario small business owners may be eligible for the same government grants available to entrepreneurs in other provinces, although government grants associated with other provinces …Read Full Answer