Many times, people who are operating small businesses do not have sufficient assets to provide backing in case of setbacks during business operations. Getting a loan that is unsecured may be somewhat difficult when applying with the banking institutions. An unsecured loan can be obtained without having to provide a back-up financial asset, through the government’s unsecured small business loans agreement. This type of loan is excellent for small business owners who may not have sufficient assets to place against their loan or if they are already using other financial means to develop their business, such as a bank line of credit.
Are you ready to move forward with your business? If you need funding, youve come to the right place. By becoming a member of CanadaStartups, you get access to the Funding Database, the Investor PitchDeck, the Investor PitchDeck and the Step by Step Business Startup Guide. This is all that you need to succeed. Take a moment now and become a member. It literally takes 1 minute.
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.