Are private business loans more accessible in Canada than those from the government?
Because private business loans are generally more a matter of doing business than are Canada government loans, the former tend to be more numerous and easier to get because you are viewed as a source of profit. Not all loans requirements are easily to make sense of, and some can be utilised in unexpected ways. This is why you may wish to go beyond the information on the Canadian government sites, or even those of the private lenders, and contact an independent research organisation for help. As an entrepreneur, you may benefit from discussing government funding research resources with someone.
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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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Each of the Canadian provinces has its own small business grant programs in place, in addition to those provided by the Canadian national government. Small …Read Full Answer
It certainly is in most cases better to obtain business loans from the Canadian government grants and loans programs rather than private funding. The reason …Read Full Answer
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