Are all Canadian small business loans the same?
No, not all Canadian government small business loans are the same because some have different interest rates (or none at all), are intended for different purposes, and almost all have different application deadlines and terms of eligibility. Also, do not forget the advantages of small business Ontario government loans. These can be a boost to an eligible small business in need of a funding infusion in order to meet its goals. Consider these versus private loans that end up treating applicants as income sources by applying generally more strict conditions and terms of repayment.
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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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