To get a business loan in Canada, start by preparing a detailed business plan outlining your idea, financial forecasts, and how you plan to repay the loan. Then, explore options from banks, credit unions, and government programs like the Canada Small Business Financing Program. It’s essential to have a good credit history and possibly some collateral.
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How do I get business loans for starting a business?
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- First step of starting a small business in Canada is a completed business plan.
- Maximize your potentail with government funding by accessing over 1,500 funding sources.
- Work with a Canada Startups business plan and funding expert to succeed