Does my bank decide if I qualify for the business loans and grants?
There are rules and criteria that must be adhered to when it comes to the business loan and grants that are provided by the Canadian government. The lending institutions that are representing these loans and grants must go by what the rulings are, that are applicable to the particular loans. If one is applying to the financials Institute itself for their loans however, then their criteria is what would be followed. The business loans and grants are something that you might want to discuss with a representative that is experienced in this area.
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.
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