Canada Small Business Financing Program
This funding provides loans to Canadian small businesses. This program is delivered and approved by financial institutions, and then they will register the loan with Innovation, Science and Economic Development Canada.
Menu
How Much Funding?
The amount of the loan will be negotiated between the borrower and the lender.
No more than $350,000 to fund equipment costs and leasehold improvements. Overall maximum is $1M.
Who Qualifies?
Canada-wide
Canadian for-profit small businesses with gross revenues of $10M or less. Farming businesses are ineligible under this program.
Eligible Activities & Expenditures
Loan can be used to finance the cost of the eligible activities
- Purchases or improvement of land/buildings used for commercial purposes
- Purchases or improvement of new/used equipment
- Purchase of new or existing leasehold improvements (i.e. renovations to a leased property by a tenant)
- Registration fee
Program Deadline
Ongoing
