700+ Reviews [Verified]
Canada Small Business Startups and Funding Canada Small Business Startups and Funding
  • Home
  • Assessment Tool
    • Funding Calculator Tool
  • Startup Portal
    • Startup Portal
    • Startup Guide and Timeline
    • Business Plan Builder
    • Funding Database
    • Investor PitchDeck
    • The Extra Services
    • Get Access Now!
  • Resources
    • Business Advice
    • Business Planning
    • Funding & Financing
    • Tools & Resources
    • Q&A’s
    • Walkthough
    • Centres
      • Alberta
      • British Columbia
      • Manitoba
      • New Brunswick
      • Newfoundland
      • Northwest Territories
      • Nova Scotia
      • Nunavut
      • Ontario
      • PEI
      • Quebec
      • Saskatchewan
      • Yukon
  • Membership
  • Get Access 🔑
  • Home
  • Assessment Tool
    • Funding Calculator Tool
  • Startup Portal
    • Startup Portal
    • Startup Guide and Timeline
    • Business Plan Builder
    • Funding Database
    • Investor PitchDeck
    • The Extra Services
    • Get Access Now!
  • Resources
    • Business Advice
    • Business Planning
    • Funding & Financing
    • Tools & Resources
    • Q&A’s
    • Walkthough
    • Centres
      • Alberta
      • British Columbia
      • Manitoba
      • New Brunswick
      • Newfoundland
      • Northwest Territories
      • Nova Scotia
      • Nunavut
      • Ontario
      • PEI
      • Quebec
      • Saskatchewan
      • Yukon
  • Membership
  • Get Access 🔑
Register Login

Join the Startup Portal

Q&A's

  • Home
  • Q&A's
  • Who can tell me about small business loan requirements?

Who can tell me about small business loan requirements?

  • Answered by Expert
  • on Q&A's
  • Date August 31
  • Views 8984
  • Asked By Federico Smeltzer

Small Business Questions
Got a question? Ask us!
Often individuals refrain from going after small business loans because they don’t understand small business loan requirements. They often are under the impression that they have to be a well rooted and established business in order to qualify. This is not the case when it comes to the Canadian Government grants and loans because their small business loan requirements are quite flexible. It is their mandate to help small businesses get established and they strive to make this as easy as possible.

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.

    Request More Information

    Need funding for your small business?

    Learn how you can get funding for your small business in Canada. It takes 30 seconds.

    Request More Information

    Get everything you need to do to launch your small business in 30 days
    Get your personalized Startup Assessment Report now
    1. What's your Start-Up Stage?
    Time spent on my business:


    So far I have:


    2. What are your Start-Up Needs?
    I need help with:



    So far I have:



    3. What are your Funding Options?
    I am located in...











    I need funds for:






    Relevant Questions and Answers
    Is receiving small business grants the best thing for my business?

    Is receiving small business grants the best thing for my business?

    •   Asked by : Nadene Savory
    •  2899 views
    •  receiving small business grants

    When your business is running into financial difficulty it can be hard to determine what would be the best business move to make. Most often …Read Full Answer

    Can I do a small business loan application online?

    Can I do a small business loan application online?

    •   Asked by : Marylee Sperber
    •  8304 views
    •  small business loan application online

    When getting a small business going quite often time is a factor. Many individuals wonder if they can do a small business loan application online. …Read Full Answer

    Are Canada government grants funding that you never need to repay?

    Are Canada government grants funding that you never need to repay?

    •   Asked by : Lai Weitz
    •  693 views
    •  Canada Grants Never Repay Government

    You normally never need to repay the government for government grants you are awarded. Grants are designed to be a lump sum offer of financial …Read Full Answer

    When do I apply for a business loan in Canada?

    When do I apply for a business loan in Canada?

    •   Asked by : Toshiko Schriver
    •  8587 views
    •  Apply For A Business Loan Canada

    You should apply for a business loan in Canada once you have done extensive research into the loans available to you. You must also have …Read Full Answer

    When I receive government assistance, in what form of money funds will I be paid? Cash, Credit?

    When I receive government assistance, in what form of money funds will I be paid? Cash, Credit?

    •   Asked by : Alysha Alcott
    •  6136 views
    •  money funds

    If you have been approved for government funding then you will be able to receive that funding in different ways. The types of funding method …Read Full Answer

    Similar Topics: small business loan requirements

    • Tweet
    • Pinterest
    Request Information Need funding for your business?
    Learn how you can get funding for your small business in Canada. It takes 30 seconds.

      Recommended

      How To Get the Business Funding You Need
      How Do I Get The Government Funding I Need For My Business?
      01Mar2017

      While no two businesses are the same, it’s estimated...

      Most Popular

      Fishing For Funds: A Startup Funding Checklist
      07Jun2017
      Small Business Government Funding Cheat Sheet
      20Nov2018
      Private Investors as a Funding Source Guide
      27Apr2020
      How to Start Your Own Small Business In Ontario
      Want to start a business but don’t know where to start?
      29Sep2020
      Small Business Startup Assessment Tool
      Using The Small Business Startup Assessment Tool
      14Jul2016

      Need more help?

      Get help from a Canada Startups expert with your small business.

        Testimonials

        $27,900 Government Grant To Hire Staff
        Hamilton, Ontario
        "Take advantage of the government grants for hiring and hire the staff to help. You pay into takes each year so take advantage and benefit from the funding available" - Read my story
        $19,500 Government Funding for a Painting Company in Ontario
        Oakville, ON
        "Get your business plan done as the first step. Be sure that your plan clearly outlines your funding needs and your plan for success. Then apply for funding." - Read my story
        $17,300 Government Loan To Help Business Startup
        Ottawa, ON
        "Funding is available but you have to know where to look, you have to have a business plan and if you have a proven model this is your best tool to use to get you the funding." - Read my story
        $92,300 in Government Funding for Construction Company
        Hamilton, ON
        "Well all I can say is if you need funding, look for it. Be active and proactive about it. Don't just sit on the idea that you need it but go and do it." - Read my story
        $24,500 Government Funding For Daycare Facility
        Edmonton, AB
        "Having knowledge in your industry is what will keep you motivated, and having expert guidance along the way doesn't hurt one bit. We benefited from government funding greatly and it's all thanks to CanadaStartups.org." - Read my story
        $76,750 Government Funding For Junk Removal Company
        Saskatoon, SK
        "Your business plan is very important to the success of your business. Everyone looks at this! Be sure to have your idea on paper and to show how you will make money." - Read my story
        2018 Government Funding Success Story Interview
        Vancouver, BC
        "A business plan is the key to a successful business as well as the way to get government funding." - Read my story
        Interview with a $75,485 Government Grant Recipient
        Toronto, ON
        "Perfect your business plan as it's in my option the number one thing small businesses need in order to attract and impress a funding agency." - Read my story
        $17,500 Small Business Loan for Toronto Startup
        Toronto, ON
        "If you have a business idea, get a business plan made, don't waste time and start your funding search sooner rather then later." - Read my story
        $32,750 Government Grant Helped Me Start My Business
        Hamilton, Ontario
        "Giving up is easy. Anybody can do it. If you need funding for your business do what it takes to get it. Banks can say no, but the government can be an option. It was for us" - Read my story
        Oakville, ON Small Business Starts Up With $76,300 Government Grant
        Oakville, ON
        "Just focus on what you are good at, don't waste your time researching, get help from experts who have already done the work, such as CanadaStartups" - Read my story
        Interview with a $138,000 Government Grant Recipient from Milton, Ontario
        Milton, ON
        "Have a support team with you and always start with a business plan as it will be the guide for your business. A business plan will take you on the path of success" - Read my story
        $472,930 Low Interest Government Loan For Toronto Retailer
        Toronto, ON
        "Banks said no to due to my poor credit and business inexperience, but the government funding program had a different reaction to my well developed business plan" - Read my story
        $21,315 Government Provided Loan For Doggy Day Care Business
        Oakville, ON
        "No matter your situation, if your plan is to start a small business - don't give up. Use tools and resources that are available all around you and don't be scare of a small investment" - Read my story
        $83,588 In Government Funding and Training Support For Home Reno Company
        Toronto, ON
        "Remember, funding programs have deadlines so be sure to apply on time and follow the requirements as outlined by each funding program. They act as a guide to applying successfully." - Read my story
        Toronto eCommerce Business Gets $78,932 in Government Funding Support
        Toronto, ON
        "Don't give up. If you have an idea, go and do it. Create your business plan, go present you idea to investors/government agencies and get what you want." - Read my story
        Vancouver Software Developer Gets $12,390 in Private and Government Funding Support
        Vancouver, BC
        "The first step when you are looking for funding is to make sure you have a business plan. Because if you don't, every single funding program will refuse you" - Read my story

        Latest

        Start a Snow Removal Business in Canada
        Starting a Snow Removal Business in Canada
        25Nov2024
        Small Business Insurance Types
        10 types of small business insurance in Canada
        19Nov2024
        Exploring COJG: A Path to Enhanced Workforce Skills
        23May2024

        Search Articles

        Categories

        • Accommodation and Food Services
        • Agriculture, Forestry, Fishing and Hunting
        • Alberta
        • Arts & Entertainment
        • Ask an Expert
        • Blog
        • British Columbia
        • Business Advice
        • Business Planning
        • Business Planning
        • Business Type
        • Career/Business Assistance Services
        • Centre
        • Construction/Professional Trades
        • Coronavirus
        • David's Corner
        • Education
        • Food & Beverage
        • Free Downloads
        • Funding
        • Funding & Financing
        • Government Funding
        • Guide
        • Health Care, Well Being and Social Assistance
        • Help
        • industries
        • Industry
        • Infographics
        • Locations
        • Manitoba
        • Manufacturing, Mining and Energy
        • New Brunswick
        • Newfoundland and Labrador
        • News
        • Northwest Territories
        • Nova Scotia
        • Nunavut
        • Online/Internet/e-commerce
        • Ontario
        • Prince Edward Island
        • Professional, Scientific and Technical Services
        • Q&A's
        • Quebec
        • Recommended Reads
        • Recreational/Adventure Tourism
        • Retail Trade/Services
        • Saskatchewan
        • Starting a Business
        • Success Stories
        • Tools & Resources
        • Uncategorized
        • Videos
        • Walkthough
        • Yukon

        Our Proud Partnerships

        Ownr logo"
        Ontario Business Central"
        Logo3

        1-800-288-9691(All calls are toll free)

        Contact Us

        CanadaStartups.org

        • About Canada Startups
        • Why Choose Us?
        • Customer Reviews
        • Success Stories
        • Helpful FAQ’s
        • Register Now
        • Shop 🛒

        Business Resources

        • Startup Assessment Tool
        • Entrepreneur Test
        • Business Resources
        • Startup Portal
        • Funding Calculator Tool
        • Small Business Video Series

        Startup Database

        • Database Walkthrough
        • Startup Guide and Timeline
        • Business Plan Builder
        • Investor PitchDeck
        • Funding Database

        Contact Us

        • Contact Us
        • FAQs
        • Members Login
        • Our Centres
        • Ontario Startups
        • Satisfaction Guarantee

        © 2024 - CanadaStartups.org - Helping small business owners and entrepreneurs startup. Terms and Conditions

        EARLY ACCESS for Grants and Funding Access for APRIL

        Access all government grants options for APRIL.  Access the grants, government loans, and funding options with expert help (Takes 30 seconds).

         

        Request government funding info now – or give us a call at 1-800-288-9691

          Get everything you need to do to launch your small business in 30 days
          Get your personalized Startup Assessment Report now
          1. What's your Start-Up Stage?
          Time spent on my business:


          So far I have:


          2. What are your Start-Up Needs?
          I need help with:



          So far I have:



          3. What are your Funding Options?
          I am located in...











          I need funds for: