Is a line of credit business loan available from the government?
You will probably find the line of credit business loan programs somewhat different when being offered by the Canadian government. These programs are most often geared to give a lump sum either by grant or loan for the specific needs of the small business. You would be further ahead to see if one of these grants or loans would meet your small business needs rather than a line of credit business loan. The interest rates and pay back are usually far easier to cope with.
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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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