What is the interest rate in Canada for a small business loan?

Small business loan offers in Canada have their own interest rate terms. The government choices are all different. However, they are generally more favourable than loans from the bank, and there are even some that are interest free, or do not require repayment. If you look for a government loan that you can use, consider the eligibility requirements. Check those in your local area as well as provincial choices and those offered to everyone in Canada.

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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.