Is it true that you won’t qualify for small business grants unless you have a good credit rating?

Most often individuals are under the impression that they will not qualify for small business grants unless they have a good credit rating. The Canadian government loans and grants program is quite liberal when it comes to its decision-making even for individuals that are not in a good credit standing. The misconception that you won’t qualify for small business grants unless you have good credit often comes from private lending institutions turning away individuals applying for loans.

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.