Whether you decide to apply for a personal or business loan will be totally your decision based on your circumstances. However before you apply for a personal or business loan be sure to consider what the Canadian government has to offer you by way of financing for your small business. The government has put several loans and grants in place to assist small businesses that are just getting started. There are also loans available for the small business that is running into financial difficulty. Then again if you need funds for your small business to purchase equipment that most likely will be available as well. There are many different reasons why a small business needs financing and the government has done its best to deal with each of these needs in some financial way.
Become a member of CanadaStartups and get access to the Funding Database with over 1,500 funding programs, access to over $612,676,848 in available funding as well as access to the Investor PitchDeck, the Investor PitchDeck and the step by step startup guide for your business. Join CanadaStartups today and take advantage of these amazing business opportunities.
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.