If you are a minority and have a business you might be able to get a minority loan through the Canadian government grants and loans programs for small business funding. The Canadian government has many funding programs in place for different business needs. There are some for minority groups and others for women as well as for other groups, for example. To get a minority business loan you would have to meet the criteria of the specific loan you are applying for. You would need to fill out an application and see if you qualify for funding.
If you are looking to find funding for your small business in Canada, one of the easiest ways to find funding is to get access to our Funding Database where we have over 1,500 funding programs including government grants, loans, financial assistance programs as well as private investor options. Take the right step forward and start the search for funding now by becoming a member of CanadaStartups!
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.
In general, the Canadian government small business loans for foreigner recipients tend to have different eligibility conditions than do government small business loans offered regardless …Read Full Answer