What are the startup business loan rates?
There are many loans for new small business owners through the support of the federal and provincial government grants and loans program. Thanks to these government loans, loans are available to startup your new business. The makes it possible for borrowers who cannot afford high interest rates, to borrow at lower rates of interest, e.g., 3% interest may be an average rate, depending on the amount and terms of the loan received. Whatever the type of loan you receive, it will be possible to have your repayment arranged with manageable loan rates for repayment.
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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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