Should I choose government loans ahead of private business funding?
If you are looking for small business financing, then you would certainly be well ahead to choose government loans ahead of private business funding. You will find that if you choose the government loans ahead of the small business funding that you are not going to have near the interest rates to pay on, as well as the terms will be far more liberal. The Canadian government grants and loans programs put together for small businesses has been constructed in such a way as not to place undue hardship on small businesses.
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.
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