Is small business grants or loans the same thing?

Individuals who are seeking financing for their small business often wonder if the small business grants or loans are the same thing. There is a difference in that in many cases the grants are not something that has to be paid back whereas the loans most often are. The Canadian government’s grant and loan programs has many variations for both small business grants or loans that a business owner may be able to take advantage of.

There are currently 264 grant programs available in our Funding Database. In fact, the Funding Database currently has over 1,500 funding programs available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.

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.