What are some of the types of small business loans available in Canada?
The Canadian government has developed several loans programs for the express purpose of assisting small business owners finance their companies. These Canadian government small business loans can be of several types, including start-up financing, inventory financing, small business growth financing, trade financing, small business property financing, equipment and plant tool financing and motor financing. They can also be secured or not, have low, no or regular interest rates, be guaranteed or not. This also goes for a number of other variations. Each of these Canadian small business loans programs is meant to serve a unique purpose.
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Small business loan request forms are generally provided by the individual government departments and agencies that are sponsoring the loans. Each of the different departments …Read Full Answer
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