I need a business loan but I have bad credit, is there any funding available for me?
Many individuals that are in small business have been known to say, ‘i need a business loan but I have bad credit’. Fortunately the Canadian government has put together several grants and loans for small businesses. They have also taken into account that sometimes small businesses run into financial difficulty, and it can affect your credit rating. When it comes to the statement, ‘i need a business loan but I have bad credit’, then there is an opportunity to apply for one of the small business loans from the government even though there is a bad credit history.
What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibility so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding 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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