Will I be able to afford the small business loan interest rates?
Whether or not you will be able to afford the small business loan interest rates will depend primarily on where you go to get your small business loan. There are a lot of determining factors when it comes to deciding what the interest rates will be. They can be quite high if an individual has a bad credit rating for example. The best place to go to get the best small business loan interest rates would be to the Canadian government loans and grant programs.
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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.
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