The Canada Small Business Financing Program
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.