How do small business loans from the Canadian government compare to private loans?
Some Canadian government small business loans are offered via banks in order to take advantage of the existing policies and structures. However, they usually have additional terms attached or have more favourable terms made possible by their involvement. The Canadian government does this in a wide amount of ways. These may include acting as an applicant’s guarantor for small business loans obtained with the bank, or by matching the money provided by a bank’s small business loans.
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