If I only need a small amount of business financing, is it more likely the Canadian government will approve my application?

Depending upon the program you are applying for, sometimes requesting a small amount of business financing can indeed influence the Canadian government department in charge of the program to approve the money. Each Canadian government department is different, both in terms of what they are intended to be in aid of and with regards to their qualifications. However, some have been designed specifically to offer small amounts of business financing as a way to spread the money further rather than focusing Canada business financing in larger sums across fewer applicants.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

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.