Canada Small Business Financing Program: Loans for Business Growth

Canada Small Business Financing Program: Loans for Business Growth

Small business owners frequently face challenges when scaling their operations. With limited cash flow, most seek financial support for growth projects through banks. However, business owners are often rejected for loans and other financial products because they’re deemed a high-risk borrower. As a result, their business stays small and unable to compete with larger, more…

New Funds Available for Small Businesses

New Funds Available for Small Businesses

Recently, the Canadian Government announced several changes to the Canadian Small Business Financing Program to make it easier for small business to access funding through the program. The biggest change is that eligible companies can have up to $10M in annual revenues, up from the previous $5M. This program helps small businesses access money to…

Small Business Loans Ontario: CSBFP and BDC Financing

Small Business Loans Ontario: CSBFP and BDC Financing

Program Update: Read the latest CSBFP overview blog for additional insight into the program. The Canada Small Business Financing Program (CSBFP) assists small businesses in acquiring loans from financial institutions. In CSBFP, the Government of Canada shares the risk of loans with lenders, making it easier for small businesses to be approved. This program has…

Canada Small Business Financing Program – Business Loan

Small businesses in Canada searching for a new channel of loan funding should consider Industry Canada’s Small Business Financing Program. This program helps companies finance improvements and expansion efforts by increasing loan availability across Canada. Is Your Company Eligible for this Government Funding? All Canadian for-profit small businesses with revenue up to $5 million may…