What must I do to apply for and get a Canadian government small business loan?

Getting a Canadian government small business loan is not guaranteed to everyone. However, to apply you must first find a loan program that you are eligible for. When looking at loans, also note that they all have different terms, repayment schedules and interest rates. This also goes for intended uses. Some do not have interest, and some do not need to be paid back at all. Attention to these details will allow you to pick out one that is best for you. If you do not find a program that meets your needs at the national level, look for one at the provincial or local level you may want to use. Then you will need to apply and be approved to receive the money.

How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With over 1,500 funding programs and $612,676,848 in available funding, you should not wait. Register as a member today!

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.