Are the long term business loans rates any different than the short term?
When it comes to the long term business loans rates being any different than the short term this is totally dependent on the criteria of the particular loan. The long term business loans rates are most likely different than those for the short term loans. However what you would have to do is review each of the programs set out by the Canadian government for small businesses to see which suits your particular needs and what you would qualify for. These have been put in place by the Canadian government to assist small businesses in order to stimulate the Canadian economy.
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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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