The Ontario grants loans and financing that the Ontario government has put in place is most often available for established small businesses. There are a variety of Ontario grants loans and financing opportunities and it’s a matter of the established small business finding the one that best suits your needs. Perhaps this particular business is in need of some expansion funds, and may be able to find a program for this. On the other hand perhaps the small business is running into financial difficulty and there may be some programs that can assist them with this as well. It is the mandate of the Ontario government to support businesses as much as they can financially to keep the economy strong.
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.