Is the Canadian government friendly when it comes to offering loan funding to a startup business?
The Canadian government has been exceptionally open to providing loan funding to eligible startup business ventures that research appropriate loan programs and apply. Eligibility for startup business loan funding in Canada will depend upon a number of factors. These may include the viability of the intended use of the funds, current economic standing, and future prospects. Not all startup applicants will be able to meet the terms of repayment for a given small business loan, for example, which means they may not be approved.
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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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