Low-Interest or No-Interest Loans

While a grant is obviously an ideal source of government funding, you have an even greater chance of accessing government programs which provide financing for small businesses through loans. So if you've made the rounds of the banks and been shown the door, don't give up yet.

In fact, government loans are often better than bank loans. They may be interest-free, or may offer highly competitive rates. (In some cases, your loan may even be considered "non-repayable", which is another way the government says "grant".) Government loans carry additional advantages. They're more likely to be unsecured; that is, you don't need to put up collateral against the loan.

You'll find loans under a variety of programs, directed at different industries, different geographical regions, and even loans directed specifically at women and young entrepreneurs.

For example, the Canada Small Business Financing Program (CSBFP) may be able to help you obtain up to $500,000 by sharing with your financial institution some of the loan's risk, a practice it employs for the purpose of encouraging financial institutions to increase the amount of loans it makes available to small businesses.

Find out if you qualify for Low-Interest or No-Interest Loans

Do you qualify? Call now...

1-866-682-7067

Obtain business funding for your Canadian small business. Call 1-866-682-7067 or write
Centre for Small Business Financing, 1500 Bank St, Room 425, Ottawa, Canada, K1H 1B8.

Back to top

Home | Program Types | News | Grant Recipients | Success Stories | Poll Archives | Contact Us | Privacy | About Us | Site Map | Member Login | Francais
Copyright 1995 - 2012. The Centre for Small Business Financing is an independent research organization not affiliated with any government.