Is a Canadian government guaranteed business loan available to someone starting their own small business?
A Canadian government guaranteed business loan may be available to someone starting a business, but finding out means doing research into the matter. If you need a business loan, determine what you need the money for and how much you need, and then search the national offers as well as oneβs for your area, to see if you find something that works for you. Check the interest rates and repayment schedules as well, as they differ from program to program. Once you find a loan you are interested in that you are eligible for, you must apply and be approved in order to receive funds.
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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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