Is going to a bank my best chance of getting a small business loan for my Canadian company?

If your Canadian company is in need of a small business loan, a bank may indeed offer the money you seek. However, it is not your only option. The government of Canada recognises the long term benefits of helping with small business financial needs rather than letting collapse because such loan programs help create jobs in the area. An entrepreneur getting a business underway in Canada or investing in an existing business and in need of a small business loan may avoid going to a bank and find assistance elsewhere.
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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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