How do I know which small business government loans and grants are best for a start up?

Depending on your small business and your situation, different Canadian government loans or government grants may be best for your start up costs. If you do not have credit, or have bad credit, there are loans that may be able to help you get the funds you need to cover your costs. If you know what you need the money for and have time to write a proposal, a grant may be a better option because you would not need to pay the money back. Be sure to check the eligibility conditions for any program you apply for to be certain you qualify.

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.