The Canada Small Business Financing Program

November 24, 2011 | Margaret W.

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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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