Canada Small Business Financing Program
Receive up to $1,000,000 in No-Interest Repayable Funding From the Canadian Government.
The Canada Small Business Financing Program is part of the Canada Small Business Financing Act and was created to help support business growth through business loans with competitive interest rates.
Funding Amount
Up to $1M for business expansion activities, including the acquisition of a building, leasehold improvements, purchasing new or used equipment, and software components.
Eligible Applicants
For profit Canadian companies with annual gross revenues <$10M. Decision based on personal credit scores. May require a business plan.
Eligible Activities
Business expansion activities that will create sustainable growth within the Canadian-based business.
Deadline to Apply
Applications accepted year round. Must apply at a financial institution or credit union.