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.

  • Amount: Up to $1M for business expansion activities, including the acquisition of a building, leasehold improvements, purchasing new or used equipment, and software components.
  • Projects: Business expansion activities that will create sustainable growth within the Canadian-based business.
  • Timeline: Applications accepted year round. Must apply at a financial institution or credit union.
  • Eligibility: For profit Canadian companies with annual gross revenues <$10M. Decision based on personal credit scores. May require a business plan.

 Top Canadian Small Business Financing Program Resources:

Recent Canada Small Business Financing Program News:

Canadian Government Funding for Small Business