Is it possible to get a small business loan without security for the loan?
It is possible to get a small business loan without the security of financial assets in order to receive the loan. Because the Canadian government is committed to helping small businesses in Canada, there are opportunities to receive a loan even if you do not have any financial backing toward paying back the loan. These loans are repayable with very low interest rates and through long repayment terms. This can be a strong support for any business to get help when finances are tight and extra money is needed to keep your business going.
There are currently 264 grant programs available in our Funding Database. In fact, the Funding Database currently has over 1,500 funding programs available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your 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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