Do entrepreneurs require good credit to apply for business funding from the Canadian government?

Although it typically is not necessary to have good credit when applying for small business funding provided by the Canadian government, it does illustrate an ability to manage one’s money responsibly that sends a good message to those deciding who amongst qualified applicants shall receive funds. Good credit is not an assurance of receiving government funds, however.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

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.