Is it free to apply for government small business loan programs offered in Canada?

It is usually free to apply for a small business loan from the government in Canada, although some programs may have a small processing fee applied. A common obstacle to being approved for a small business loan is improper or insufficient preparation leading to applying for a Canadian government loan the applicant is not actually eligible for. Of course, this ends up wasting time if not money in those instances where applying is free.

Get your small business funded through government grants, loans and private investor programs. To get access to our Funding Database which has over 1,500 funding programs, become 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.