When must a small business repay an Ontario government business loan?

When applying for a small business loan from the government, be it that of Ontario or elsewhere, the terms and schedule for repayment of the received funding should be one of the factors you investigate prior to applying. If you do not investigate the repayment terms of your small business Ontario government loan prior to applying, you may be stuck with a loan that has better terms and conditions attached than one would find from commercial lending sources.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

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.