How fast do I have to pay back the small business loans and grants?

Most often individuals that have obtained the Ontario small business loans and grants funds are concerned at how fast they will have to pay them back. Each of the Ontario small business loans and grants has their own criteria and mandate as to what their requirements are. A contract will be entered into between the government programs and the individual that is receiving the funds. It is in this contract that will dictate how fast the Ontario small business loans and grants will have to be paid back. One thing is for certain and that is the government takes every opportunity to make getting into a small business as easy as possible for the new business owner.

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.