What should I do if I have been denied prime interest rate business loans?

Chances are if you are a small business that is just getting established and have gone after one of the prime interest rate business loans you may have been denied. Most often the prime interest rate business loans will only deal with established businesses or those that have a lot of security. Ideally your best option would be to take a look at the Canadian grants and loans programs. These are programs that have been put in place by the Canadian government to assist small businesses with their startup or with their expansion perhaps. You will be able to gather a lot of information if you have a consultation with a financial expert that specializes in these types of loans.

Become a member of CanadaStartups and get access to the Funding Database with over 1,500 funding programs, access to over $612,676,848 in available funding as well as access to the Investor PitchDeck, the Investor PitchDeck and the step by step startup guide for your business. Join CanadaStartups today and take advantage of these amazing business opportunities.

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.