canada small business Financing Loan (CSBFL) With a CSBFL, TD Canada Trust and the Government of Canada work together to help you with the financing of your existing business or start-up. A CSBFL can help you get the loan you need to expand, purchase, or improve the fixed assets within your business.
The Canada small business financing program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. Over the past 10 years, small businesses have received over $9.5 billion in asset-based financing representing over 63,000 loans made..
*Money Mart has teamed up with Thinking Capital who will act as the lender. money mart is not a bank or the lending party for these loans. This is not a Money Mart solicitation or offer to lend to our customers. This service or specific product may not be available in all provinces.
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Small businesses looking to purchase or improve their assets for new or expanded operations could benefit from the Canada Small Business Financing Loan (CSBFL). This loan is a government-sponsored loan program that offers up to $1,000,000 ($350,000 for equipment and leasehold improvements) to small businesses in Canada.
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The federal government said FedDev Ontario’s loan will leverage about $5.4 million in private. “This announcement is great news for Ottawa, as it supports the scale-up of a local business,