Does my business have to be in Ontario to qualify for Ontario new business government loans?
If you are applying for an Ontario new business government loans program then the criteria most likely will be that your business has to be situated in Ontario. The purpose of this is that the province of Ontario is encouraging new businesses within their area. This is in the hopes that these types of loans will encourage new businesses to start. By doing this the province of Ontario is stimulating the economy. The Ontario new business government loans are a way for an individual that has a good business plan to get started.
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