What are the government Ontario business loan interest rates like?
The provincial government Ontario business loan interest rates vary depending on the small business loan program in question. If you want a government loan you should check the details of each program you are considering before making up your mind. Most have low interest rates, some have no interest, and some do not require repayment at all. If you are considering an Ontario government loan, make note of the prerequisite conditions as well, and the terms, repayment schedule, and uses. Most have better terms than bank loans, and have different prerequisite conditions too. So, even if you have been rejected by the bank when seeking funding before, you may have a chance.
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Similar Topics: Ontario Business Loan Interest Rates