How does the online business loan get approved?
An online business loan would get approved by whatever institution was supplying the loan. However for those that are interested in the Canadian grants and loans program it is not likely you would be making an online business loan application. There are many online business loan applications that are applicable to private lending and these are totally different than what the Canadian government is offering. Ideally for individuals that are looking for small business loans it would be wise to seek out what programs the government has by way of grants and or loans.
There are currently 264 grant programs available in our Funding Database. In fact, the Funding Database currently has over 1,500 funding programs available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your 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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