Loan for Small Businesses
in Canada (CSBFL)

Utilize a loan under the Canada Small Business Financing Act to launch or expand your company.

An option for financing the purchase or improvement of land, buildings, and equipment through Lending Line and the Government of Canada.

Apply Now

What you receive?

  • Up to 90% of the "Eligible Costs" of financed assets may be financed.
  • An amortisation of up to 20 years may be provided, with monthly payments frequency and a choice of maturities up to a maximum of 10 years.
  • There are affordable fixed and adjustable interest rates available. Personal guarantee is necessary, with the minimum amount being 25% of the loan amount.
  • A one-time registration charge of 2% of the loan amount to the federal government (which may be included in the amount borrowed).

Conditions for a Government loan from a CSBFL

Your company already does business in Canada or plans to do so.

Your company's yearly gross revenue in the application year was less than $10 million.

Your company is a for-profit organisation; it is not a farm, a nonprofit, or a place of worship.

You must employ the assets you've bought or enhanced for your firm.

Visit the Industry Ca website for more details and extra government regulations.

Apply Now

Don’t waste time – there are plenty of funding and saving solutions to help your business grow

Get started for FREE