Do I have to use the low interest government loans in one specific area of my business?

If you have qualified for the low interest government loans than this means that you have issued an application for funding for your small business that was approved. The Canadian government loans and grants programs each has their own criteria and outline what is required to qualify. The low interest government loans money you receive with have to be utilized as you outlined the need for, when you applied for it.

Become a member of CanadaStartups and get access to the Funding Database with over 1,500 funding programs, access to over $612,676,848 in available funding as well as access to the Investor PitchDeck, the Investor PitchDeck and the step by step startup guide for your business. Join CanadaStartups today and take advantage of these amazing business opportunities.

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.