What do I have to use the funds of the initial business loan for?

If you’re qualified for an initial business loan from the Canadian government grants and loans small business funding programs, then you will have already agreed to what the initial business loan funds will be used for. Whatever you applied for the funds for, and were approved for, is where you must use the money. The Canadian government grants and loans small business programs has helped many small businesses over the years and if they are is funding in place for a variety of small business requirements.

What could you do for your small business if you were to obtain a grant or a loan of $5,000 or $50,000 or even more from the government? Or would you be able to benefit from a private investor investing their time and money into you and your business? It is a possibility…so be sure to find out how much funding your small business may be able to obtain. Become a registered member and start your funding search.

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.