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The Canada Small Business Financing Program

November 24, 2011 | Margaret W. | Comments (0) Facebook Twitter More...

The Canada Small Business Financing Program is well worth looking into if you are a small business owner.

This Industry Canada program, which celebrates its 50th anniversary this year, makes it easier for businesses that make $5 million dollars or less a year to obtain loans to:

  • purchase or improve land or property
  • purchase leasehold improvements or improve leased property
  • purchase new equipment or improve used equipment

Industry Canada does this by sharing the risk with the lending institution. The amount of the loan can be up to $500,00.00.

About.com also has some more information about the program.

Check it out!

 

 

 

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Welcome! We are specialized librarians in our business department and we write about current issues for small business owners and those interested in personal finance matters. For more information and resources see our Small Business & Personal Finance page.

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